Brazilian Real Falls to 12-Year Low as Deficit Projected in 2016

  • Fiscal outlook adds to concern nation faces junk rating
  • Real leads declines among world's major dollar counterparts

Why Emerging Market Currency Risks Are Mounting

Brazil’s real fell to a fresh 12-year low and led losses among major currencies as a projected deficit in 2016 added to speculation that the nation will slip to a junk credit rating.

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