Brazil’s Real Appreciates to 7-Month High to R$3.52/US$1

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 to the Brazilian real in seven months. The U.S. dollar closed on Friday, March 18th at R$3.582/US$1.

Both the foreign exchange rate and the São Paulo Stock . . .

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