Brazil Chokes Off Foreign Investment - Starting TODAY!
October 20, 2009 at 07:42 AM EDT
After the close on Monday, there was a shock to the Brazilian markets as an announcement was made that Brazil will be slowing foreign investment into the country. In as effort to cool the hot currency and speculation within the stock markets, they are reinstating policy from a few years ago. Brazil has been one of [...] Related posts: Geithner’s Slip Causes Dollar Volatility China Quandry - Can you explain this? Chart: BIC not BRIC