SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inácio Lula da Silva’s efforts to rein in government spending. A bill backed by Lula that aims to slash 70-billion-real ($11 billion) in government spending is being debated in Brazil’s lower house of Congress. But some market players have said it is insufficien…

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Brazil's currency drops to weakest level yet as Lula's fiscal measures debated

Brazil’s real has fallen to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending

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Brazil's currency drops to weakest level yet 4 as Lula's fiscal measures debated

For Hardenberg, from Mobius, strong profits, good management and price bring opportunities

Para Hardenberg, da Mobius, lucros fortes, boa gestão e preço trazem oportunidades

Receio com disciplina fiscal continua, mas Brasil pode atrair fluxos, diz Hardenberg, da Mobius

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Fear of fiscal discipline continues, but Brazil may attract flows, says Hardenberg, from Mobius

Associated Press SAO PAULO (AP) — Brazil’s real has fallen to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inácio Lula da Silva’s efforts to rein in government spending. A bill backed by Lula that aims to slash $11 billion in government spending is being debated in Brazil’s lower house of Congress. But some market players have said it is insufficient to sho…

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SAO PAULO (AP) -- Brazil's real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inacio Lula da Silva's efforts to rein in government spending.

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Leon Cooperman

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The turmoil that’s sinking the Brazilian real has exposed a glaring vulnerability at some of the country’s biggest companies.

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World’s Worst Performing Currency Hurts Dollar Borrowers in Brazil

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Brazil’s currency drops to weakest level yet as Lula’s fiscal measures debated

Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending.A bill backed by Lula that aims to slash 70-billion-real ($11 billion) in government spending is being debated in Brazil's lower house of Congress. But some market players have said it is insufficient to shore up Braz…

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Central bank has burnt through billions of dollars and lifted rates in bid to prop up real

Brazil's currency drops to weakest level yet as Lula's fiscal measures debated

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