Tags US dollar

Tag: US dollar

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The U.S. dollar surged by 7.9 percent against the Brazilian real, as the country’s main stock market plummeted 8.8 percent on Thursday with the aftermath of the secret recordings showing...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister of Brazil, Henrique Meirelles, was quick to deny any discussion within the federal government to increase the IOF (tax over financial operations) for foreign exchange transactions. Despite the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – On a seemingly calm day in the financial market, the U.S. dollar depreciated against the Brazilian real to its lowest value in more than nineteen months falling below R$3.10/US$1. The...
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 – The U.S. dollar depreciated against the Brazilian real for the fourth day in a row on Thursday, below R$3.20/US$1 and at its lowest value in more than two months. The...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian real continued to depreciate in relation to the U.S. dollar on Monday morning as investors wait for Federal Reserve Governor Lael Brainard to indicate whether or not...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The recent appetite for riskier assets throughout the world has led the Brazilian real to its highest level against the U.S. dollar in more than thirteen months, closing...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The trade balance in Brazil closed the first semester of 2016 with a surplus of US$23.635 billion, according to the Ministry of Development, Industry and Foreign Trade (MDIC). This is...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The political turmoil faced by Brazil in the past week has led the foreign exchange rate to fluctuate significantly, with the U.S. dollar falling to its lowest rate in relation...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Wednesday saw the U.S. dollar fell below the R$4.00/US$1 level to its lowest rate of the year in relation to the Brazilian real and the country’s main stock market rise,...
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