Brazilian real closes at historic low of 4.166 to the dollar


Sao Paulo (AFP)

Brazil's battered real closed at a historic low of 4.166 to the US dollar Thursday, reflecting deepening worries over recession and political uncertainty in Latin America's biggest economy.

The real was 1.49 percent down on the day, at one point trading even lower to 4.17 to the dollar. The previous record low close was in late September at 4.145 real.