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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (71980)12/4/2007 4:43:43 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 116555
 
my point is the strength of the REAL is probably what is driving them back...

the USD just doesn't buy for them in Brazil what it used to <g>

one line in the article

The dollar, which once bought four Brazilian reals, dropped to a historic low of 1.7 reals in May.