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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