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Brazil's monetary authority has been hiking hiking

Walking, often among hills or mountains, as recreational sport. It represents an activity in its own right and also figures in backpacking, camping, hunting, mountaineering, and orienteering.
 interest rates since September September: see month.  of last year. That keeps inflation in check, but higher interest rates also reduce the amount of local currency in circulation, which makes demand for the real increase. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 U.S. financial institution Citibank, the real has become the strongest currency in the world, gaining 10% against the U.S. dollar this year alone. In the past, inflation was a problem in Brazil, and rate hikes are needed to keep consumer prices in check, analysts note.

Brazil must meet its inflation goals, if it means tapping the breaks just a little on is red-hot export sector. Asian demand for Brazilian commodities has pumped billions upon billions of U.S. dollars into the economy--a factor which strengthens the real as well. Brazil is on track to exceed US$100 billion in exports in 2005 even as its goods become incrementally less competitive abroad.

Brazil has not been the only country to see its currency strengthen. European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 economies are choking Choking Definition

Choking is the inability to breathe because the trachea is blocked, constricted, or swollen shut.
Description

Choking is a medical emergency. When a person is choking, air cannot reach the lungs.
 on strong currencies against the dollar, too.
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Article Details
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Title Annotation:INDICATORS
Author:Hatzipanagos, Rachel
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:3BRAZ
Date:Aug 1, 2005
Words:176
Previous Article:Rest of the world.(INDICATORS)
Next Article:Privatizations.
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