Forex News - Brazilian Real Rises to Two-Year High on Outlook for Investment , InflowsBrazil’s real rose to a two-year high after Repsol YPF SA said its Brazilian unit will get a $7.1 billion investment from China Petrochemical Corp., boosting the outlook for inflows.
The real strengthened 0.5 percent to 1.6794 per dollar at 8:58 a.m. New York time, from 1.6873 yesterday. It touched 1.6735, the
Friday, October 1, 2010
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