
Brazil's currency held near a seven- year high Wednesday before an expected rate cut by the central bank. ''Lower interest rates will support the real because it will attract foreign capital to short-term fixed-income assets,'' said Tony Volpon of CM Capital Markets. The real was little changed at 1.8595 per dollar after earlier touching 1.8520 per dollar, the highest since October 2000. The real has gained 15 percent against the dollar this year.