Brazil's federal energy major Petrobras (NYSE: PBR) has moved to protect 70% of its liquid debt from exchange rate variations by hedging oil and gas...
This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes Oil & Gas insight and forecasts for business opportunities in Brazil. The business development service focuses on major projects, active companies, such as Petrobras Brasil; and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.
Source: http://member.bnamericas.com/news/oilandgas/petrobras-hedges-exports-amid-currency-fears
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