Wednesday, July 25, 2007

Brazil's stocks edge higher but currency slips

(Reuters) - The Bovespa index of the Sao Paulo Stock Exchange
ended up 0.37 percent at 56,001.30 points. The index, which hit
an intraday record high of 58,292.88 last Thursday, stumbled
for a second straight day on Wednesday before recovering.




Brazil's currency, the real , weakened 0.32 percent
to 1.867 per U.S. dollar, pressured in part by central bank
buying of dollars to build up foreign reserves.


Read more at Reuters.com Bonds News

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