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November 13 2005: The roaring Real

By Richard Lapper, Latin America Editor

Published: November 13 2005 16:59 | Last updated: November 13 2005 16:59

The roaring Real

Is there no limit to the strength of the Brazilian Real? The currency reached R$2.16 to the US dollar last week, from R$3.16 in June 2004. Some economists say it could hit R$2.10 in coming weeks, though it is likely to relax at year-end when trading volumes are lighter.

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