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, 2016Topic
Currency
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
Brazil’s Real Appreciates to 7-Month High to R$3.52/US$1
Despite the political turmoil, market perception on Brazil seems to be improving.
March 21, 2016 Brazil’s Real Rises to R$3.64 to the Dollar in 6-Month High
The Brazilian real has posted an increase of 9.04 percent for March and of 7.77 percent for 2016, and ended...
March 11, 2016 Brazil’s Real Rises to R$3.80 to the Dollar in 3-Month High
The Brazilian real currency closed at the highest value in three months, R$3.802 to the U.S. dollar, up 5.02 percent...
March 4, 2016
Brazil’s Real Falls to R$4.03 to the Dollar at Start of 2016
Depreciation of Brazil's currency was reaction to negative news coming from China, Iran and Saudi Arabia and domestic political scenario.
January 5, 2016
Brazilian Tourists Spending Almost 50 Percent Less Abroad
According to the Central Bank, money spent by Brazilian tourists on international trips fell by almost half in September.
October 26, 2015