Brazil's markets slide as c bank warns of turmoil

BRAZIL - Brazil's battered financial markets fell sharply on Wednesday as the Central Bank warned that the country's imminent government transition would be more turbulent than expected.

The country's currency, the real, weakened 1.8 percent to 3.92 per dollar in volatile trade, nearing its all-time low closing level of 3.99 to the greenback, Reuters reported on Thursday.

The real came under heavy pressure after the Central Bank rolled over just $284.4 million of $1.05 billion in 15-day dollar-