Brazil central bank intervenes in spot FX for first time in 2021, sells US$1.5 billion
Brazil’s central bank intervened in the spot foreign exchange market on Thursday for the first time this year, selling US$1.5...
February 26, 2021Topic
Currency
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...
July 4, 2018
Brazilian Real Plummets to a 26-Month Low Against the US Dollar
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian real took another dive on Thursday against...
June 8, 2018
U.S. Elections Cause Volatility in Brazil Currency
With news of gains in polls by Trump Brazilian travellers are wondering if U.S. dollar will depreciate even further in...
November 3, 2016
Brazil Markets Predict Economy to Grow 1.2 Percent in 2017
Financial institutions consulted by the Central Bank (BC) of Brazil reported that the projected growth of the Brazilian economy in...
August 22, 2016
Brazil’s Real Closes at R$3.44 to the Dollar but Stocks Drop
Yesterday (Wednesday, May 11th) in anticipation of the Brazilian senate's vote to continue with the impeachment process of President Dilma...
May 12, 2016
Economists Predict Impeachment Rally Likely to be Short-Lived
Analysts fear favorable outlook is temporary, with forecasts underestimating possible backlash from Workers’ Party.
April 18, 2016
Brazil’s Real Closes Above R$3.50 to the Dollar in 8-Month High
The Brazilian real (BRL) has been rallying against the dollar and is up 2.83 percent in April already, and 11.48...
April 12, 2016
Foreign Investors Start Looking at Opportunities in Brazil Again
December 2015 showed the highest direct foreign investment since December 2010 in Brazil, as speculators look for the low point...
April 2, 2016