Brazil Real Falls Before Key Settlement Date, Impeachment BallotBy
Traders trying to control central bank monthly currency rate
Lawmakers betting on Rousseff’s permanent ouster this week
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.