Brazil’s Real Opens at R$3.9019 to Dollar in Slight Drop

Trading is expected to be slow today because of the holiday in the United States, which celebrates their Independence Day.

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The U.S. dollar opened this morning (Wednesday, July 4th) with a slight increase of 0.17 percent, selling at R$3.9019/US$1, among the strongest exchanges to the Brazilian real since March 2016, when it reached R$4.09/US$1.

On June 7th, the foreign exchange rate hit a 26-month low at R$3.9684/US$1, retreating only . . .

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