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Brazilian Real Reaches Lowest Level Against US Dollar Since 1994

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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian real devaluated again on Thursday against the U.S. dollar, with the North American currency registering an appreciation of 1.21 percent during the day and closing at R$4.20/US$1, the highest level since the creation of the Real Plan in 1994. The highest foreign […]

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