Brazil to buy dollars, seeks to halt currency rise

littlekracker at 01h51
21
Sep
2010
Brazil to buy dollars, seeks to halt currency rise

Brazil to buy dollars, seeks to halt currency rise
Sept. 20, 2010, 5:53 p.m. EDT
Associated Press

BRASILIA, Brazil (AP) — Brazil's government says it will use its sovereign wealth fund to start buying dollars in an effort to halt the appreciation of the nation's own currency.

The Finance Ministry says in a statement there will be no limit to the amount of purchases the fund will make in tryi
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