| The real fell to a seven-month low a day after the U.S. Federal Reserve supported the dollar by raising its forecast for interest rates as investors awaited the results of a new Brazilian presidential poll.
The currency declined 0.3 percent to 2.3649, the weakest level on a closing basis since Feb. 20. Swap rates, a gauge of expectations for changes in borrowing costs, rose 10 basis points, or 0.10 percentage point, to 11.63 percent on the contract due in January 2016............................................Full Article: Source
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