Brazilian Real ETF Creeping Higher Again
June 14, 2011 at 14:24 PM EDT
An exchange traded fund following the movement of Brazil’s currency against the U.S. dollar has been rising after a steep pullback in late 2010 due to government intervention. The $410 million WisdomTree Dreyfus Brazilian Real Fund (NYSEArca: BZF) is up about 7% year to date and more than 20%...
