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Tag: Dollar

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s financial market registered heightened volatility on Thursday, December 1st, with the U.S. dollar closing at its highest rate since June against the Brazilian real and the São Paulo Stock...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Still trying to adjust to the United States’ election results, the Brazilian foreign exchange rate registered the highest daily appreciation of the U.S. dollar against the Brazilian real of the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – As expected, financial markets around the world reacted badly to the victory of Donald Trump as the United States’ next President. In Brazil it was no different. Minutes before Brazil’s...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Monday, October 3rd, the day after Brazil’s municipal elections, the U.S. dollar fell to its lowest level since August earlier this year, closing at R$3.206/US$1, a decline of R$0.046...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Wednesday registered another day of optimism in the Brazilian financial market, with the stock market rising and the U.S. dollar depreciating against the local currency once again. The Brazilian bourse...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Yesterday (Wednesday, May 11th) in anticipation of the Brazilian senate's vote to continue with the impeachment process of President Dilma Rousseff, the Brazilian real currency closed stronger to the U.S....
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - After a sharp fall on Monday (April 11th), the U.S. dollar closed below R$3.50 for the first time in eight months. The Brazilian real (BRL) has been rallying against the...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Many foreign investors are looking at Brazil as an interesting option again, between the high interest rates and weaker currency. After reaching an all time high for direct foreign...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Since last Friday, when the news broke that Brazil's former president Lula was a target for federal prosecutors in the mega money laundering investigation, Operação Lava Jato (Carwash), the local...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Despite the news yesterday that the Brazilian economy ended 2015 with the biggest GDP drop in 25 years the financial market saw a surge. The Brazilian real currency closed at...
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