Tag: Brazilian Real

By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Not even the auctions announced by Brazil’s Central Bank (BCB) on Friday night, after markets had closed, managed to hold the US currency’s appreciation in relation to the Brazilian real...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The uncertainties of the new administration as well as the appreciation of the U.S. dollar in relation to the Brazilian real led many Brazilians to reduce their spending abroad...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The Brazilian real devaluated again on Thursday against the U.S. dollar, with the North American currency registering an appreciation of 1.21 percent during the day and closing at R$4.20/US$1,...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The U.S. dollar continued above the R$4/US$1 level this morning (Wednesday, August 22nd) opening at R$4.038/US$1, after closing at R$4.049/US$1 on Tuesday, the highest level since February 2016....
By Jay Forte, Contributing ReporterRIO 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,...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The Brazilian real took another dive on Thursday against the U.S. dollar, with the North American currency registering an appreciation of 2.3 percent during the day and closing at...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The Brazilian real registered another day of registered heightened volatility on Wednesday, with the U.S. dollar closing at its highest rate in almost two years. After surpassing the R$3.51/US$1...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The U.S. dollar surged by 7.9 percent against the Brazilian real, as the country’s main stock market plummeted 8.8 percent on Thursday with the aftermath of the secret recordings showing...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Finance minister of Brazil, Henrique Meirelles, was quick to deny any discussion within the federal government to increase the IOF (tax over financial operations) for foreign exchange transactions. Despite the...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – On a seemingly calm day in the financial market, the U.S. dollar depreciated against the Brazilian real to its lowest value in more than nineteen months falling below R$3.10/US$1. The...
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