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TRADERS CELEBRATE THE LAST DAY OF TRADING IN SAO PAULO, 2003-12-30 (photo)

TRADERS CELEBRATE THE LAST DAY OF TRADING IN SAO PAULO, 2003-12-30 (photo)
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IMAGE number
REU8071062
Image title
TRADERS CELEBRATE THE LAST DAY OF TRADING IN SAO PAULO, 2003-12-30 (photo)
Auto-translated text View Original Source
Photographer
Paulo Whitaker
Medium
photograph
Date
2003 AD (C21st AD)
Shooting Date
2003-12-30
Image description

Traders celebrate on floor of the Brazilian Mercantile and Futures Exchange (BM&F) in Sao Paulo, December 30, 2003. The Sao Paulo Stock Exchange's benchmark Bovespa index has gained almost 100 percent in 2003 and hit repeated record highs as a string of Central Bank interest rate cuts and government progress on fiscal and pension reforms led investors to bet on a firm economic recovery in 2004. Brazil's Central Bank forecasts the local economy, the biggest in Latin America, will rebound and grow 3.5 percent in 2004 after posting negligible growth this year. REUTERS/Paulo Whitaker PW/HB

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REUTERS/Paulo Whitaker / Bridgeman Images
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