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To: John Hunt who wrote (26652)	1/21/1999 2:00:00 PM
From: John Hunt	Respond to of 116770

Brazil's real weakens 9.7 pct to 1.76/dollar - traders << Brazil's real currency plummeted to 1.76 to the dollar Thursday afternoon, 9.7 percent weaker from its previous close, due to worries more dollars were fleeing forex markets, traders said. The real was also weaker as dollar stocks in the market ran low in the absence of Central Bank dollar sale intervention, traders said. At 1.76 reais per dollar, the Brazilian currency had depreciated 31 percent since the Bank eased its foreign exchange policy last Wednesday. -- cont'd -- >> biz.yahoo.com