(Bloomberg) -- Brazil's real fell for the first time
in four days after slumping Chinese stocks prompted investors to
shun riskier, emerging market assets and pare bets on the
Brazilian currency, which trades near a seven-year high.
The CSI 300 Index, China's benchmark stock index, fell 7.7
percent today as the government's main business newspaper
signaled authorities won't aid the equity market, which lost
more than $350 billion of market value in four days. The real
rose 2.4 percent last week, the second-best performer among the
16 most actively traded currencies against the dollar.
Read more at Bloomberg Currencies News
in four days after slumping Chinese stocks prompted investors to
shun riskier, emerging market assets and pare bets on the
Brazilian currency, which trades near a seven-year high.
The CSI 300 Index, China's benchmark stock index, fell 7.7
percent today as the government's main business newspaper
signaled authorities won't aid the equity market, which lost
more than $350 billion of market value in four days. The real
rose 2.4 percent last week, the second-best performer among the
16 most actively traded currencies against the dollar.
Read more at Bloomberg Currencies News
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