By Drew Benson
Oct. 15 (Bloomberg) -- Brazil's real fell as a decline in global stocks sparked capital outflows from emerging-market countries.
The real sank 1.1 percent to 2.1186 per dollar at 8:25 a.m. New York time, following a 10.3 percent surge during the previous two days.
To contact the reporter on this story: Drew Benson in Buenos Aires at abenson9@bloomberg.net
Wednesday, October 15, 2008
Brazil's Real Declines as Global Stock Slide Sparks Outflows
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