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BellSouth, based in Atlanta, said the currency decline cut profit by 5 cents a share.
And too much currency decline will start to raise prices, then wages -- a dependable recipe for inflation.
The regional trade group began to crumble when Brazil decided in 1999 to let its currency decline in value.
Revenue increased 13percentto to 2.44 billion reais, helped by a price increase in October to offset last year's currency decline, the company said.
Rather than let the currency decline, the government has chosen what it calls an "internal devaluation," in which wages are forced downward to restore the economy's equilibrium.
Also, some analysts do not think the problems in Argentina and the currency decline in Brazil will have a significant impact on the American banks with big exposures there.
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The new Greek currency declines by 50%.
At first, these currency declines caused acute economic distress.
Gillette has been hurt the last two years by slowing economies and currency declines in Asia, Latin America and Europe.
QE led both in the UK and Japan to big currency declines, raising prices relative to wages.
The value of the virtual currency declined from $1,240 to $870 on the Bitcoin trading exchange Mt. Gox.
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