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Brazil’s Real Opens at R$3.9019 to Dollar in Slight Drop

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The U.S. dollar opened this morning (Wednesday, July 4th) with a slight increase of 0.17 percent, selling at R$3.9019/US$1, among the strongest exchanges to the Brazilian real since March 2016, when it reached R$4.09/US$1.

On June 7th, the foreign exchange rate hit a 26-month low at R$3.9684/US$1, retreating only . . .

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