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Brazil's currency strengthens despite inflation - La Prensa Latina Media - Vimarsana News

Brazil's currency strengthens despite inflation - La Prensa Latina Media

Sao Paulo, Apr 8 (EFE).- Inflation in Brazil is running at 11.3 percent, yet the Brazilian real continues to climb against the dollar thanks to steep domestic rates and the global rally in commodity prices connected with the Russian invasion of Ukraine. The real has increased in value by 16 percent so far this year …