(Bloomberg) -- Brazil's currency rose after a
government report showed the trade surplus jumped to $1.3
billion last week, boosting the flow of dollars into the
country.
``There's nothing to stop dollars from flooding the market
now,'' said Marcelo Ribeiro, the head of currency trading at Sao
Paulo-based Concordia Corretora. ``The current circumstances are
all really positive.''
Read more at Bloomberg Currencies News
government report showed the trade surplus jumped to $1.3
billion last week, boosting the flow of dollars into the
country.
``There's nothing to stop dollars from flooding the market
now,'' said Marcelo Ribeiro, the head of currency trading at Sao
Paulo-based Concordia Corretora. ``The current circumstances are
all really positive.''
Read more at Bloomberg Currencies News
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