Tag: Brazilian Real
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 dollar gained 2.71 percent against a quickly weakening real Monday, leaving it with its largest appreciation since May 6th, 2010, when it rose 2.84 percent. The dollar is...
By Brennan Stark, Contributing Reporter
RIO DE JANEIRO, BRAZIL - The U.S. dollar rose 1.78 percent against the Brazilian real according to Monday's closing figures. The rise effectively leaves the dollar worth just over R$1.70, its highest level since December...
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 Dorien Boxhoorn, Contributing Reporter
RIO DE JANEIRO, BRAZIL - Along the lush green shores of the Costa Verde, 270 kilometers south of Rio de Janeiro, you can find the small colonial town of Paraty. This postcard village is situated...
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,...
By Jaylan Boyle, Contributing Reporter
RIO DE JANEIRO - The Brazilian Real finished the last quarter as the second best performer among the 16 most-traded currencies worldwide, just behind the South African Rand. The gain in value is the largest...
