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Dollar Hits R$4.22 Then Closes at All-time High

RIO DE JANEIRO, BRAZIL - The dollar's rise in trading against the Real over the past few weeks prompted the US currency to record its highest price in history on Monday, November 25th.

The dollar rose 0.53 percent to reach a level of R$4.22 for sales, its highest value since the beginning of the Real Plan. The previous record was reached a week ago at R$4.21.

The bad news . . .

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