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Tag: Brazilian currency

By Anna Fitzpatrick, Contributing Reporter SÃO PAULO, BRAZIL - The volatility of global markets stands to have ramifications the world over, and despite the recent boom in Brazil, many speculate effects will soon be felt close to home. The dollar...
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - The real fell for the third straight day, its lowest in five months, after the Central Bank's decision to slash the interest rate to twelve percent on August 31st. ...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - As its economy goes from strength to strength and the dollar continues to weaken, this week Brazil’s government announced record imports of US$17 billion for the month of September,...

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