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BRAZILIAN CURRENCY SETS NEW RECORD LOW AGAINST THE DOLLAR, 2001-07-11 (photo)

BRAZILIAN CURRENCY SETS NEW RECORD LOW AGAINST THE DOLLAR, 2001-07-11 (photo)
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IMAGE number
REU7981806
Image title
BRAZILIAN CURRENCY SETS NEW RECORD LOW AGAINST THE DOLLAR, 2001-07-11 (photo)
Auto-translated text View Original Source
Photographer
Gregg Newton
Medium
photograph
Date
2001 AD (C21st AD)
Shooting Date
2001-07-11
Image description

The Brazilian Real currency, shown here in Brasilia July 11, 2001, opened 2.9 percent weaker at a record low on the back of a growing panic about fallout from the economic problems in neighboring Argentina, traders said. The real weakened to 2.56 per dollar, a new record trading low, and currently stands some 31 percent below where it began the year. GN

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REUTERS/Gregg Newton / Bridgeman Images
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