Brazilian Real ETF Strengthens on Central Bank Bets
December 23, 2013 at 14:45 PM EST
After weakening on an end to easy money, the Brazilian real exchange traded fund is advancing on speculation that the central bank will step in to stem the depreciating currency. The WisdomTree Brazilian Real Fund (NYSEArca: BZF) rose 1.4% Monday. BZF has declined 3.9% over the past month and is...