Dollar Closes Over R$4.20 for First Time in History

The highest rate in the 25-year history of the Real had been R$4.1957 on September 13th, 2018.

RIO DE JANEIRO, BRAZIL - The Dollar broke a new closing record on Monday, November 18th. After trading lower for much of the day, the currency changed direction and began to rise against the Real in the late afternoon, beating its historic mark of over a year ago.

The market monitored the new developments of the trade war between the United States and China and a Federal Supreme Court (STF) vote on a decision . . .

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