Brazilian Real Crashes Most In 4 Years As Hope Fades

Wednesday, December 30, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/30/2015

Following recent strength on the heels of hope for a new finance minister, news that Ruosseff has sent the minimum-wage-hike Bill to Congress appears to have crushed the hype of any fiscal rectitude and sent Real tumbling. Down over 4% – the most since September 2011 – BRL is back above 4.00 per USD, giving up all the recent gains.

The Rest…HERE

This entry was posted on Wednesday, December 30th, 2015 at 1:19 pm and is filed under Economics, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.

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