The Brazilian real benefited today from positive events in both domestic and international spheres as risk appetite rose worldwide, maintaining the Brazilian currency as the best performing currency among the main traded in
Brazilian and global stocks rose today after the Japanese currency posted a higher than expected growth and a the majority of analysts agree that the South American economy will expand more than previously imagined in 2010, forcing the real up versus most of the main traded currencies this Monday.
USD/BRL traded at 1.7092 as of 16:59 GMT from an opening rate of 1.7225 today.
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