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Non-Tech : Invest / LTD

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To: wlheatmoon who wrote (6088)12/16/1998 4:03:00 PM
From: Lucretius  Read Replies (2) of 14427
 
te REAL news of today that was ignored for the sideshows in Iraq and Washington...

Wednesday December 16, 2:30 pm Eastern Time
(Note: this article is ''in progress''; there will likely be an update soon.)

Brazil's real weakens 0.11 pct on dollar outflows
SAO PAULO, Dec 16 (Reuters) - Brazil's currency real weakened 0.11 percent against the dollar to finish at 1.2053 in the commercial foreign exchange market due to dollars again leaving the country, traders said.

As of 1700 local/1900 gmt, a net $6 million fled the commercial forex market, while another $38 million escaped the floating market, but markets were expected to post some $100 million in U.S. currency outflows by the end of the day.
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