brazilian real hits alltime low against dollar
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Brazilian real hits all-time low against dollar

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Arab Today, arab today Brazilian real hits all-time low against dollar

President Dilma Rousseff
Sao Paulo - Arab Today

The Brazilian real hit an all-time low Tuesday, dipping in value to 4.03 against the dollar within minutes of the market's opening.

The fall of the currency -- which has depreciated 33 percent this year -- is linked to President Dilma Rousseff's difficulties in putting in place a plan to revive the economy amid a crisis that has already caused a downgrade of the country's credit rating.

 

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brazilian real hits alltime low against dollar brazilian real hits alltime low against dollar

 



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