Brazil Real Falls Before Key Settlement Date, Impeachment Ballot

  • Traders trying to control central bank monthly currency rate
  • Lawmakers betting on Rousseff’s permanent ouster this week

Saravelos: Brazil's Real Rallies on Fed Dis-Belief

Brazil’s currency declined amid speculation banks were seeking to weaken it before the central bank determines a key rate used in settling some financial contracts, overshadowing optimism that a new government will pull the country out of recession as President Dilma Rousseff’s impeachment trial heads into its final stages.

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