Brazil Real Hits Four-Year Low to Dollar

By Jack Whibley, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The Brazilian real, dropped in value for the sixth successive time on Monday despite the Brazilian Central Bank’s attempts to curb the fall. Brazil's currency closed on Monday at its lowest level since March 2009, when it reached 2.4152 per U.S. dollar, a drop of 0.9 percent to go with last week’s losses of more than five percent.

Over the past year the exchange rate against . . .

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