The Brazilian real, ranked as the best performing currency in foreign-exchange markets during the past year, posted another weekly drop and ended the month losing versus most of the main traded currencies as appeal for Brazilian raw materials declined on renewed risk aversion.

The Brazilian real continued to be influenced by bearish equities and commodities markets and did not manage to pare gains after falling during the most of the time last week.

The Brazilian currency was affected by a new wave of risk aversion after U.S. President Barack Obama proposed new regulations for financial instituitions in the country, raising concerns among traders that avoided emerging markets this Thursday.

The Brazilian real touched the weakest level in a month as risk aversion remained predominant in today’s trading session globally, since equities and commodities markets continued to follow a bearish trajectory in most of the key-economic regions around the world.

After a week of losses versus most of the main traded currencies in foreign-exchange markets, the Brazilian real advanced today fueled by a positive performance in commodities and equities markets.

The Brazilian real posted the fourth straight day of decline versus the U.S. dollar as speculations suggest that the Treasury is likely to start a debt selling plan to buy dollars, declining attractiveness for the real in currency markets.

The Brazilian real finished 2009 as the best performing currency in foreign-exchange markets among 16 main traded currencies, as stocks had the highest rise in 6 year in the South American nation.

The Brazilian currency is ending the year of 2009 as the best performing currency in foreign-exchange markets and advanced versus most of the majors as large sums of foreign currency were sold in local markets today, consequently appreciating the real.

The Brazilian currency posted the second straight week of losses versus the U.S. dollars and several other currencies as risk aversion was predominant in this week’s session forcing investors back to safer bets in refuge currencies like the yen and the Swiss franc.

The Brazilian currency had its sharpest fall since the end of September as several negative events in financial markets worldwide declined appeal for higher-yielding assets and commodities, which are both the best trading possibilities in the Latin American nation.