Tuesday, May 8, 2012

Reuters: US Dollar Report: Brazil's real weakens more than 1 pct

Reuters: US Dollar Report
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Brazil's real weakens more than 1 pct
May 8th 2012, 14:43

Tue May 8, 2012 10:43am EDT

RIO DE JANEIRO - Brazil's currency, the real, lost more than 1 percent against the U.S. dollar in spot market trading on Tuesday on concern Greece will not meet the contitions of an austerity plan.

At 11:37 (1437 GMT) the real shed 1.1 percent to a bid price of 1.9413 to the dollar.

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