Brazil Real Advances as Impeachment Drive Overcomes Intervention

Updated on
  • Senate debate expected to last for more than 10 hours
  • Central bank moves to weaken the currency with reverse swaps

Brazil Markets Watch and Wait for Rousseff Fallout

Brazil’s real rose as the Senate gears up for a vote that would force President Dilma Rousseff out and into an impeachment trial she appears unlikely to survive, even as the central bank intervened to weaken the currency.

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