Reuters: US Dollar Report: Brazil real weakens 1 pct on Spain bailout fears

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Brazil real weakens 1 pct on Spain bailout fears Jul 23rd 2012, 12:42 RIO DE JANEIRO, July 23 | Mon Jul 23, 2012 8:42am EDT RIO DE JANEIRO, July 23 (Reuters) - The Brazilian real weakened 1 percent on Monday as growing fears that Spain could lose access to credit markets and seek a full-blown EU bailout drove investors into the perceived safety of the U.S. dollar. At 9:38 a.m. (1238 GMT), the real weakened 1 percent to 2.0432 per U.S. dollar.

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