Friday 16 May 2008

Good moment for Brazil?

After spending the whole day dealing with simulation data about Brazil, here are two positive hard facts about my country's economy:

  1. The stock exchange reached it's highest level ever. The Bovespa closed today at 72766 points.
  2. The dollar is at its lowest level since soon after the Real has been floated, nine years ago, at R$ 1,642.
Let's hope this trickles down to better employment levels and standards of living.

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