Reuters: US Dollar Report: Brazil to fight bets against exchange rate, minister says

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 to fight bets against exchange rate, minister says Dec 7th 2012, 11:15 BRASILIA | Fri Dec 7, 2012 6:15am EST BRASILIA Dec 7 (Reuters) - The Brazilian government will intervene in the currency markets every time that investors bet against the real, Trade and Industry Minister Fernando Pimentel said on Friday. Any currency interventions will aim to protect competitiveness, Pimentel said, adding that the exchange rate regime continues to be a floating one.

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