Brazilian Real At 5-day Low Versus U.S. Dollar
July 04 2016 - 5:12AM
RTTF2
The Brazilian Real drifted lower against the U.S. dollar in
early New York trading on Monday, amid speculation of possible
intervention by the Central Bank of Brazil to stem the real's
appreciation.
The Brazilian currency that ended last week's trading at 3.2351
against the greenback weakened to a 5-day low of 3.2548. On the
downside, 3.4 is likely seen as the next support level for the
Real.
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