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Tag: devaluations

Opinion: The Curmudgeon on Maxi-Devaluations

Michael Royster -
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - In early 1999, the Curmudgeon watched, aghast, as the dollar went from R$1.20 to R$2.10 in less than a week; in late 2002, the Curmudgeon watched, astonished, as the dollar went...
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