X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Brazil’s real led global losses as a weakening economic outlook overshadowed central bank measures to support the currency.

The real fell 1.2 percent, to 2.7153 per U.S. dollar, at 5 p.m. in Sao Paulo, the most among 31 major counterparts. Swap rates, a gauge of expectations for changes in Brazil’s borrowing costs, climbed 0.09 percentage point to 12.84 percent on the contract maturing in January 2016. The currency posted on Friday a weekly drop of 3.8 percent, its biggest since September.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.