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Brazil Real is falling fast as commodities drop offsets protest ... - We Resist.


Brazil Real is falling fast as commodities drop offsets protest ... - We Resist.: The real dropped 0.9 percent to 3.6186 at 9:37 a.m. in Sao Paulo. It earlier rose as much as 0.1 percent. One-week implied volatility rose 0.79 percentage point to 25.92 percent, the highest among major currencies. A Bloomberg index of 20 developing-nation currencies dropped for the first time in four sessions as raw materials declined. Commodities account for about one-third of Brazil’s exports.

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Dispatch: Aboriginal Press Media Group  |   Permalink  |   [15.3.16]  |   0 comments


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