Monday, June 18, 2007

Brazil's currency gains on inflows, stocks steady

(Reuters) - The real , strengthened 0.26 percent to 1.907 per
U.S. dollar.




The currency has risen to near six-year highs against the
U.S. dollar and has undermined investment plans by local
manufacturers in machinery and equipment, Luciano Coutinho,
president of Brazil's state development bank BNDES, said on
Monday.


Read more at Reuters.com Bonds News

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