Brazil gets whiplash as currency heads the other way: down

By Paulo Prada and Guillermo Parra-Bernal RIO DE JANEIRO/SAO PAULO, Aug 26 (Reuters) - Two short years ago, Brazil had a terrible problem with its currency - it was far too strong. Local factories, unable to compete with Chinese imports made cheaper by the real's appreciation, were closing their doors. Fernando Pimentel, the trade minister and a close adviser to President Dilma Rousseff, declared that "Brazil has joined the team of countries with strong currencies" and urged industries t
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