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RPT-Brazil real weakens past 2.29/dollar for 1st time in over 4 years
July 31, 2013 / 12:45 PM / in 4 years

RPT-Brazil real weakens past 2.29/dollar for 1st time in over 4 years

RIO DE JANEIRO, July 31 (Reuters) - Brazil’s currency on Wednesday weakened to an over four-year low as investors feared the U.S. Federal Reserve may signal this afternoon that it is about to cut down on monetary stimulus measures that have supported appetite for emerging market currencies.

The real weakened 0.7 percent to bid 2.2940, its weakest intraday level since April 1, 2009.

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