Brazil's real up on biggest single day gain ever

BRAZIL - Brazil's real broke a nine-session losing streak Thursday posting its biggest single day gain ever on hopes that help from the International Monetary Fund is on its way.

The real was also boosted by a large central bank intervention that saw the monetary authority sell at least $235 million on the spot market to ease liquidity a day after the real plunged 5.5 percent.

The real closed 3.16 to the dollar Thursday up 9.22 percent from Wednesday's close of 3.47.

Brazil's currency is feeling

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