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Tag: USD

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The political turmoil faced by Brazil in the past week has led the foreign exchange rate to fluctuate significantly, with the U.S. dollar falling to its lowest rate in relation...
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 Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - Following the recent retreat of the United States’ AAA credit rating and amidst sharp fears of a recession, São Paulo based stock index Bovespa’s sank so low by Monday, August...

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