The Brazilian real edged up today as the index of consumer prices rose more than the analysts expected, increasing probability of an interest rate hike by the central bank.
The
USD/BRL slipped from 1.6680 to 1.6660 as of 13:58 GMT today after it previously jumped to 1.6755.
If you have any questions, comments or opinions regarding the Brazilian Real,
feel free to post them using the commentary form below.
- admin_mm
- February 1, 2011
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