Thursday, May 31, 2007

Brazil to mull forex steps after investment grade

(Reuters) - When credit rating agencies rate Brazil investment grade,
the inflows of dollars should grow, propping the national
currency up, he said.




Brazil's sovereign rating is just one notch below the key
grade and Wall Street banks forecast Brazil may join the
investment-grade club next year, although it could happen even
earlier.


Read more at Reuters.com Bonds News

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