Getting 'Real' About Brazil ETFs
August 16, 2013 at 14:50 PM EDT
Among the plethora of problems plaguing Brazil ETFs this year has been the sagging real. Brazil's currency is one of the emerging world's worst performers against the U.S. dollar this year. At the end of January, $1 would have bought less than two real. Today, a greenback buys nearly 2.39