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Brazilian Tourists Spending Almost 50 Percent Less Abroad

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – With the recent surge of the U.S. dollar in relation to the Brazilian real, money spent by Brazilian tourists on international trips fell by almost half in September in comparison to the same month last year announced the country’s Central Bank, the lowest for the month since 2010.

Expenditures abroad for September 2015 totaled US$1.26 billion, decrease of 46.99 percent in relation to the same month in 2014. For the first nine months of the year Brazilians who travelled abroad spent US$14.139 billion . . .

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