Wed, Aug 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Brazil real gains as rising commodities boost investor appetite

Posted on 15 January 2009

From Bloomberg: Brazil’s real strengthened as rising commodity prices increased demand for assets in the largest exporting country in Latin America.

“The price of commodities is the main factor moving the real because our currency market is so dependent on trade flows,” said Francisco Carvalho, head of currency trading at Liquidez Corretora in Sao Paulo….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31