Greenback drops to 2-day low versus Brazilian real, Thursday, September 25, 2008 2:44:27 PM

The US dollar dropped against the Brazilian real during New York trading on Thursday. The greenback fell to a 2-day low of 1.8170 versus the real by about 2:30 pm ET from today`s high of 1.8655. The pair that closed yesterday`s deals at 1.8645 is now worth 1.8220.

The Brazilian Census Bureau (IBGE) reported Thursday that unemployment declined to 7.6 percent in August, compared to 8.1 percent in July.

Source | Forex News | http://forexfx-news.blogspot.com/2008/09/greenback-drops-to-2-day-low-versus.html