Tag: U.S. Dollar

RIO DE JANEIRO, BRAZIL - The World Bank has rejected a request from the government of El Salvador to help implement bitcoin (BTC) as the country's legal tender. The international lender is concerned about bitcoin's environmental and transparency issues. "We are...
RIO DE JANEIRO, BRAZIL - (Reuters) Brazil’s real will likely stay on pause in coming weeks around the mid-point of its recent wide trading range, as strategists focus on advances in vaccination efforts by President Jair Bolsonaro’s government, a...
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 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,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The announcement of a nine and a half year jail term for former president, Luiz Inácio Lula da Silva stirred financial markets on Wednesday, with the U.S. dollar plummeting against...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The volatility of the U.S. dollar is not only affecting American residents, but also Brazilians and expats who plan to travel abroad during the end-of-year holidays. With the U.S. Presidential...
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 Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The foreign exchange market in Brazil closed down on the first business day of the new year, with the US dollar appreciating against the Brazilian real by 2.17 percent. The...
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Analysts of the Brazilian economy have changed their forecast for 2016 for the first time to negative, assuming a contraction in GDP for the second year in a row....

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