Brazilian Real ETF Shoots Higher Despite Curb
April 08, 2011 at 15:33 PM EDT
An exchange traded fund (ETF) that tracks the movement of the Brazilian real against the U.S. dollar has soared this week despite an attempt to cool the currency’s rise. Brazil this week said it would extend a tax on offshore dollar loans. WisdomTree Dreyfus Brazilian Real Fund (NYSEArca:...
