Reuters: US Dollar Report: Brazil real drops 1 pct, crosses 2-per-dollar level

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Brazil real drops 1 pct, crosses 2-per-dollar level Jul 3rd 2012, 19:00 RIO DE JANEIRO, July 3 | Tue Jul 3, 2012 3:00pm EDT RIO DE JANEIRO, July 3 (Reuters) - The Brazilian real weakened 1 percent on Tuesday, returning to level of 2 reais per U.S. dollar after a central bank director said that, if needed, policymakers could resume dollar purchases on the spot market to mop up excess liquidity. The real last traded at 2.0094 per dollar, 1.1 percent weaker than Monday's close.

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