Brazilian Real Jumps To 1-week High Against US Dollar
22 August 2009 - 12:26AM
RTTF2
Against the US dollar, the Brazilian currency traded higher in
New York trading on Friday. The real surged up to a 1-week high of
1.8245 versus the greenback at about 1:05 pm ET, which may be
compared to Thursday's North American session close of 1.8440.
Currently, the pair is trading near 1.8300. The real may likely
find resistance near the 1.8173 level, if it climbs further.
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