More room for Brazil’s real to fall after hitting 31-month low, analysts say
August 23, 2018 at 16:00 PM EDT
The Brazilian real fell to a 31-month low versus the U.S. dollar on Thursday after having trading down all week as political risk in the South American nation rose. But there could me much more pain in store for the real, as it hovers dangerously close to an all-time historical low against the buck.