Brazil Real Weakens as Central Bank Steps Up Intervention Effort

  • Central bank acts to weaken real as it rose to one-year high
  • Intervention may not be enough to keep currency from rising

Brazil's Dilma Rousseff Headed to Impeachment Trial

Brazil’s real slipped the most in Latin America as the central bank escalated efforts to weaken the currency, counteracting optimism after lawmakers voted to move forward with the impeachment of suspended President Dilma Rousseff.

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