Wednesday, May 23, 2012

Reuters: US Dollar Report: Brazil's currency gains more than 2 pct

Reuters: US Dollar Report
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Brazil's currency gains more than 2 pct
May 23rd 2012, 19:56

SAO PAULO | Wed May 23, 2012 3:56pm EDT

SAO PAULO May 23 (Reuters) - Brazil's currency, the real , gained more than 2 percent against the U.S. dollar in spot market trading on Wednesday.

At 16:53 (1953 GMT) the real strenghtened 1.88 percent to a bid price of 2.0406 to the dollar, after briefly crossing 2 percent earlier in the session.

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