You gottta love the Brazilian Central Bank Fx policy

Discussion in 'Forex' started by Daal, Oct 10, 2008.

  1. Daal

    Daal

    They bought dollars all the way up when the BRL soared and now they are selling all the way down. Its like they dont know whats best a strong or weak real. they also hiked .75 a month ago citing inflation
     
    #1     Oct 10, 2008
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  2. clacy

    clacy

    Well, minus the M-16's and B-2's, does the US have a better grasp on monetary policy? :p
     
    #2     Oct 10, 2008
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