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Brazilian Real Falls to R$3.688 to the Dollar, Lowest Since 2002

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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The foreign exchange market reacted negatively on Tuesday, September 1st to the announcement by Brazil’s government that it was sending to Congress a budget bill for 2016 which forecast a primary deficit of over R$30 billion. The dollar closed the day at R$3.688 the highest […]

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