Brazil's real falls to 4.25 per dollar

Brazil's real fell around 0.5% through 4.25 per dollar at the open on Monday, after US President Donald Trump said he will immediately restore tariffs on Brazilian steel and aluminum imports.

The real, which slumped to a record low last week near 4.28 per dollar prompting the central bank to intervene selling dollars, recovered some ground to last trade only slightly lower at 4.2420 per dollar.