(Bloomberg) -- Brazil's real gained, breaking through the 2-per-dollar level for the first time in six years, after a government report showing retail sales surged in March fueled expectations the economy is picking up.
The real rose as much as 0.4 percent to 1.9998 reais per dollar before sliding back to 2.0013 at 9:12 a.m. New York time. The advance pushes the real up 6.7 percent this year, making it the biggest gainer among the 16 most actively traded currencies against the dollar.
Read more at Bloomberg Currencies News
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