By Lise Alves, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – The Brazilian real took another dive on Thursday against the U.S. dollar, with the North American currency registering an appreciation of 2.3 percent during the day and closing at R$3.926/US$1. Brazilian officials rushed to calm investors as the domestic currency reached the lowest value since March 1, 2016.
"There is no risk of a currency crisis in Brazil," Brazil’s President Michel Temer said in a TV interview with government-run TV Brasil on Thursday.
According to President Temer, the country has reserves of . . .