(Bloomberg) -- Brazil's real strengthened as a
local inflation report was slightly better than analyst
estimates.
The real rose 0.1 percent to 1.8892 per dollar at 12:39
p.m. New York time after weakening as much as 0.7 percent to
1.9057 in morning trading on concerns about an economic slowdown
arising from losses in the U.S. subprime mortgage market.
Read more at Bloomberg Currencies News
local inflation report was slightly better than analyst
estimates.
The real rose 0.1 percent to 1.8892 per dollar at 12:39
p.m. New York time after weakening as much as 0.7 percent to
1.9057 in morning trading on concerns about an economic slowdown
arising from losses in the U.S. subprime mortgage market.
Read more at Bloomberg Currencies News
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