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Tag: Brazilian Real

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Wednesday saw the U.S. dollar fell below the R$4.00/US$1 level to its lowest rate of the year in relation to the Brazilian real and the country’s main stock market rise,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The foreign exchange market in Brazil closed down on the first business day of the new year, with the US dollar appreciating against the Brazilian real by 2.17 percent. The...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Not even the discourse by Brazil’s President Dilma Rousseff on Monday in New York at the United Nations General Assembly, stating that fiscal measures undertaken by her administration were leading...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Not even an intervention by Brazil’s Central Bank to try to limit the further devaluation of the Brazilian real (BRL) halted the decline, as Brazil’s currency tumbled once again on...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The foreign exchange market reacted negatively on Tuesday, September 1st to the announcement by Brazil’s government that it was sending to Congress a budget bill for 2016 which forecast a...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - In an active day on the financial markets worldwide, the dollar reached R$3.20 and closed at the highest level in more than a month yesterday (July 7th). The U.S. dollar...
Opinion, by Leonardo Wetzel RIO DE JANEIRO, BRAZIL - The U.S. Department of Justice recently revealed that several banks, including five of the world's major banks (Barclays, Citibank, JP Morgan, Bank of America, UBS, Royal Bank of Scotland and more)...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – A survey of financial analysts conducted by the Brazilian Central Bank has concluded that the country's GDP will grow by a mere 1.79 percent in 2014, a figure that brings...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – According to the British business daily newspaper, The Financial Times, Brazil has lost close to US$285 billion worth of foreign investment between January 2011 and November 2013, citing figures from...

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