Currencies
Currencies News
Dollar Drop Is Worst Since 2011 as Investors Rethink Fed Policy
The dollar slumped the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar’s surge is weighing on exports and inflation.
Brazil’s Real Climbs Most in a Month on Sign of Budget Progress
Brazil’s real rose the most this month on speculation the government is starting to make progress in curbing deficits that threaten the nation’s investment grade.