Tuesday, June 19, 2012

Reuters: US Dollar Report: Brazil real gains 1.0 pct on cenbank hopes

Posted by Ava on 9:06 AM

Reuters: US Dollar Report
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Brazil real gains 1.0 pct on cenbank hopes
Jun 19th 2012, 15:09

RIO DE JANEIRO, June 19 | Tue Jun 19, 2012 11:09am EDT

RIO DE JANEIRO, June 19 (Reuters) - The Brazilian real rose 1.0 percent on Tuesday on speculation that European and U.S. policymakers would provide further monetary stimulus to ease the impact of an escalating euro-zone debt crisis.

At 12:06 p.m. (1506 GMT), the real gained 1.03 percent to 2.0361 per U.S. dollar.
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