Reuters: US Dollar Report: Brazil real strengthens over 1 pct against dollar

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Brazil real strengthens over 1 pct against dollar Jun 29th 2012, 12:10 SAO PAULO, June 29 | Fri Jun 29, 2012 8:10am EDT SAO PAULO, June 29 (Reuters) - The Brazilian real strengthened over 1 percent against the U.S. dollar on Friday, after euro zone leaders agreed on measures aimed at cutting borrowing costs in Spain and Italy and eventually recapitalize some banks. [ID: At 9:07 a.m. (1207 GMT), the real strengthened 1.31 percent to 2.0488 per dollar.

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