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Tag: foreign exchange

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Le Sallay International Academy is offering a unique concept aimed at providing quality education for children aged 10 to 14 seeking opportunities for academic excellence, but reside in places...
By Lise Alves, Senior Contributing Reporter RIO 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 Lise Alves, Senior Contributing Reporter RIO 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 Reporter RIO 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 Reporter SÃO PAULO, BRAZIL – Brazil’s financial market registered heightened volatility on Thursday, December 1st, with the U.S. dollar closing at its highest rate since June against the Brazilian real and the São Paulo Stock...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The deteriorating economic situation in the country led many Brazilians to reduce their spending abroad in January, a traditional holiday month for Brazilian families. According to the Central Bank (CB)...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The number of companies in Brazil seeking judicial recovery in 2015 was the largest in the past ten years, according to data released by Serasa Experian, a credit and business...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian real was shaken once again on Thursday in relation to the U.S. dollar with Central Bank’s decision to maintain the country’s benchmark interest rate on Wednesday night at...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Estimates by financial analysts for Brazil’s Gross Domestic Product (GDP) growth rate in 2015 have deteriorated further, from a contraction of 2.01 percent at the beginning of August to 2.44...

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