(Bloomberg) -- Brazil's real suffered its largest
weekly decline since May 2006 while eking out its first gain
this week on rising U.S. stocks that bolstered demand for
riskier, emerging market assets.
The real reversed early declines today, rebounding from a
three-week low. Emerging market currencies declined yesterday
after U.S. treasury yields breached 5 percent for the first time
since August.
Read more at Bloomberg Currencies News
weekly decline since May 2006 while eking out its first gain
this week on rising U.S. stocks that bolstered demand for
riskier, emerging market assets.
The real reversed early declines today, rebounding from a
three-week low. Emerging market currencies declined yesterday
after U.S. treasury yields breached 5 percent for the first time
since August.
Read more at Bloomberg Currencies News
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