(Bloomberg) -- Brazil's currency rose on
speculation that foreign investors will be drawn by the
country's stable inflation and bond yields.
The real rose for a sixth day, gaining 0.2 percent to
1.9015 at 9:06 a.m. New York time. On June 18, the currency
advanced to 1.8995 per dollar, near its high of 1.8991 on June
1, the strongest since October 2000. The real has gained 3.3
since June 7 and 12.4 percent this year, making it the best
performer among the 16 currencies most actively traded against
the dollar.
Read more at Bloomberg Currencies News
speculation that foreign investors will be drawn by the
country's stable inflation and bond yields.
The real rose for a sixth day, gaining 0.2 percent to
1.9015 at 9:06 a.m. New York time. On June 18, the currency
advanced to 1.8995 per dollar, near its high of 1.8991 on June
1, the strongest since October 2000. The real has gained 3.3
since June 7 and 12.4 percent this year, making it the best
performer among the 16 currencies most actively traded against
the dollar.
Read more at Bloomberg Currencies News
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