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Tag: US dollar

RIO DE JANEIRO, BRAZIL - Between hyperinflation, stalled oil operations, and deepening tensions with the United States, it is safe to say that Venezuela is in crisis and it is ordinary Venezuelans who are hurting the most. Hyperinflation means that...
SÃO PAULO, BRAZIL – This week the exchange rate between the Brazilian real and the US dollar surged, with the Brazilian currency falling by 0.30 percent on Monday to R$4.20/US$1. But as Brazilians planning to travel abroad over the...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Turbulence between Brazilian officials led the financial market to tense up in the final hours of trading on Wednesday, with Brazil’s stock market falling by 3.57 percent and the...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL- Despite the overall optimism shown by investors and the financial systems with the victory of Jair Bolsonaro to Brazil’s presidency, the country's currency registered a drop at the close of...
By Lise Alves, Senior Contributing Reporter RIO 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 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 – 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 Reporter SÃO 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...

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