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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (47405)3/12/2009 1:21:16 PM
From: philv  Read Replies (1) | Respond to of 220396
 
"March 12 (Bloomberg) -- Brazil’s real rose after the central bank cut its lending rate by the most in five years and said it will offer loans to financial institutions in an effort to boost growth in Latin America’s biggest economy."

That's good for Brazil, but how does that work? Lower interest rates should mean lower currency.



To: elmatador who wrote (47405)3/12/2009 3:31:04 PM
From: Haim R. Branisteanu  Respond to of 220396
 
Real 2.303 I bought at 2.355


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