RIO DE JANEIRO, BRAZIL - With the dollar on the rise, Brazilian spending on overseas travel fell in August. Last month, spending totaled US$1.31 billion (R$5.24 billion), a decrease of 5.2 percent from the same month in 2018 (US$1.382 billion). The data were released yesterday, September 23rd by the Central Bank.
In the eight months of the year, the expenses for trips abroad are also lower. In . . .