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Brazil's Real Rises for a Third Day; Interest-Rate Futures Yields Decrease

By Glenn Kalinoski -

Brazil’s real rose 0.1 percent to 1.7244 per U.S. dollar at 8:02 a.m. New York time, from 1.7263 yesterday. In the overnight interest-rate futures market, the yield on the contract due in January 2012 decreased four basis points, or 0.04 percentage point, to 11.32 percent.

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