Tag: Dollar

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - After a sharp fall on Monday (April 11th), the U.S. dollar closed below R$3.50 for the first time in eight months. The Brazilian real (BRL) has been rallying against the...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Many foreign investors are looking at Brazil as an interesting option again, between the high interest rates and weaker currency. After reaching an all time high for direct foreign...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Since last Friday, when the news broke that Brazil's former president Lula was a target for federal prosecutors in the mega money laundering investigation, Operação Lava Jato (Carwash), the local...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Despite the news yesterday that the Brazilian economy ended 2015 with the biggest GDP drop in 25 years the financial market saw a surge. The Brazilian real currency closed at...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The change of finance ministers in Brazil on Friday afternoon did not please the markets. The São Paulo stock market closed down on Monday registering the lowest volume of trade...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The U.S. dollar depreciated slightly on Wednesday, August 26th in Brazil, after two days of extreme volatility due to the economic turmoil caused by the instability of major stock markets...
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...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - In June 2011 the U.S. dollar sank against the Brazilian real to its lowest point in recent memory, it was US$1 to R$1.55. Now, a week after surpassing US$1...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - It has been a volatile 2013 so far for Brazil’s currency, and indeed for Latin America’s largest economy as a whole. Last week, however, the susceptibility of the real...

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