Brazil’s Volatile Real: Why Currency Fluctuations Are Painful

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Brazil’s Volatile Real: Why Currency Fluctuations Are Painful

[at Wall St. Cheat Sheet] - Brazil and most other emerging markets facing currency woes have opted for floating exchange rates and open capital markets, leaving them little choice but to absorb the pain of devaluation.

http://us.rd.yahoo.com/finance/exte...urrency-fluctuations-are-painful.html/?ref=YF