Brazil responds to its real problem

euronews (in English)
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Brazil is the latest country to have to launch drastic measures to shore up its national currency.

After the currency - the real - slipped to near five-year lows against the dollar - down 15 percent this year - the central bank pledged $60 billion (44.8 billion euros) worth of cash and insurance to the foreign-exchange market by the end of the year.

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http://www.euronews.net/

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