Brazil’s currency reversed big gains following the vote in Congress to impeach Dilma Rousseff, the president, and sank lower yesterday after the central bank intervened to prevent it appreciating too steeply.
The real rose 3.7 per cent against the US dollar last week in the run-up to Sunday’s impeachment vote, as the market warmed to the prospect of a shift in the economic crisis bedevilling the Latin American powerhouse.
Although the real fell on Friday, the market’s first reaction yesterday to the outcome was a 1.5 per cent rally to R$3.478.
您已阅读23%(547字),剩余77%(1796字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。