Tags Exchange Rates

Tag: Exchange Rates

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...
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – Around 22 years ago, writing for another Rio publication and using his real name (no pun intended), the Curmudgeon correctly predicted that there would be yet another maxi-devaluation of the currency,...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The U.S. dollar ended this Friday (July 24th) selling at R$3.347 to US$1, an increase of R$0.051 (1.65 percent) on the day. The Brazilian real is at its lowest to...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - In an active day on the financial markets worldwide, the dollar reached R$3.20 and closed at the highest level in more than a month yesterday (July 7th). The U.S. dollar...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - In June 2011 the U.S. dollar sank against the Brazilian real to its lowest point in recent memory, it was US$1 to R$1.55. Now, a week after surpassing US$1...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Foreign fixed income investments in Brazil reached US$4.91 billion in the month of June, following the government’s decision to zero the IOF tax. That is more than the...
By Anna Kaiser, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian government announced yesterday that it will zero the IOF tax (Tax on Financial Transactions), in an effort to protect the weakening real in response to the strengthening dollar....
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - The U.S. dollar rose 1.78 percent against the Brazilian real according to Monday's closing figures. The rise effectively leaves the dollar worth just over R$1.70, its highest level since December...
Editorial RIO DE JANEIRO, BRAZIL – By April of 2006 I had spent enough time in Rio to seriously consider buying some property here. Being a quasi-OCD planner, the first step was creating a financial plan for seasonal rentals...
By Bruno De Nicola, Contributing Reporter RIO DE JANEIRO - The US Dollar exchange rate has dropped to its lowest value since October 2008, caused by strong investments from abroad, and a craving for larger profits from the country's high...
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