The Big Real

Editorial

RIO DE JANEIRO, BRAZIL – This last week the U.S. dollar sank against the Brazilian real to its lowest point in recent memory, it was R$1.55 to US$1. That, plus the firestorm inflation and real estate gold-rush, puts living in Rio out of reach for many foreigners. The only expatriates able to afford living in the posh areas of Zona Sul (South Zone) like Subscribe to our Premium Membership Plan. Already Subscribed?