July 2, 2012 / 1:18 PM / 5 years ago

Brazil real gains 1 pct, crosses 2/dlr level

RIO DE JANEIRO, July 2 (Reuters) - The Brazilian real strengthened 1 percent on Monday, crossing the psychologically significant threshold of 2 reais per U.S. dollar for the first time in more than one month.

The real last traded at 1.9870 per dollar, 1.1 percent stronger than Friday’s close.

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