RIO DE JANEIRO, BRAZIL - The commercial dollar opened higher on Friday, February 7th, and reached an unprecedented high of R$4.32. Around 12:05 PM, the currency rose 0.8 percent to a record R$4.322. The tourism dollar stood at R$4.49, up 0.9 percent.
The trend reflects the combination of the interest rate cut in Brazil and the improvement of the US economy, which strengthens . . .