Brazil’s real tumbled to the lowest level in 15 months as Greece’s struggle to avoid a debt default prompted investors to reduce holdings of higher-yielding emerging-market assets.
The real lost 2 percent to 1.8208 per U.S. dollar at 8:42 a.m. New York time, from 1.7855 yesterday. It has lost 13 percent this month and earlier touched 1.8275, the weakest level since June 2010.
Source: Bloomberg
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