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Bridging The Gap
Real sinks
  Friday 25 November, 2016
Real sinks

Brazilís currency has lost 2% in value against the dollar in todayís trading. Analysts say investors are seeking protection against a new crisis in the government of President Michel Temer.

Last night, a former minister accused Mr Temer of pressuring him into helping another minister in a personal business deal. Brazilís currency had already lost about 8% of its value this month after the election of Donald Trump as US president.

Mr Temer is leading a number of reforms to recover the countryís economy, which is facing a deep recession.

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