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KM Financial Solutions | UPDATE 2-Brazil’s real surges through 5.00 per dollar, chalks up best week since 2008
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UPDATE 2-Brazil’s real surges through 5.00 per dollar, chalks up best week since 2008

04 Jun UPDATE 2-Brazil’s real surges through 5.00 per dollar, chalks up best week since 2008

Posted at 20:35h in News by
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Brazil’s real surged on Friday
through 5.00 per dollar for the first time since March, sealing
its biggest weekly rise in nearly 12 years after surprisingly
strong U.S. employment data sparked a buying spree in riskier,
beaten down assets.

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