(Bloomberg) -- Brazil's currency rose to a seven-
year high as a report showing economic growth quickened in China
in the second quarter fueled expectations that demand for
Brazilian exports will keep rising.
Growth in China, the third-biggest buyer of Brazilian
exports, accelerated to 11.9 percent in the second quarter, the
fastest pace in 12 years, from 11.1 percent in the first quarter,
the statistics bureau said in Beijing today. China imports
Brazilian commodities including iron ore, soybeans and diamonds.
Read more at Bloomberg Currencies News
year high as a report showing economic growth quickened in China
in the second quarter fueled expectations that demand for
Brazilian exports will keep rising.
Growth in China, the third-biggest buyer of Brazilian
exports, accelerated to 11.9 percent in the second quarter, the
fastest pace in 12 years, from 11.1 percent in the first quarter,
the statistics bureau said in Beijing today. China imports
Brazilian commodities including iron ore, soybeans and diamonds.
Read more at Bloomberg Currencies News
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