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
Dollar
Dollar soars as Real’s performance worsens amid fiscal risks
The dollar closed up on Tuesday, with the market showing concerns of more public spending with no fiscal compensation. This...
February 9, 2021
Euro Outpaces Dollar as Payment Currency for First Time Since 2013: SWIFT
The Euro was the most widely used currency for global payments last month, the first time it passed the dollar...
November 20, 2020
Goldman Sachs’ Latin American Research Director Calls for Brazilian Fiscal Reforms
By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – Alberto Ramos, head of the Latin America Economic Research team...
April 9, 2019
Brazilian Real Slumps to Lowest Value Against US Dollar in 2019
By the end of the day, the US currency had registered the highest value of the year against the Brazilian...
March 7, 2019
Brazil’s Stock Market Rallies With Judge Moro’s Nomination
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s main stock market, Bovespa, surged on Wednesday, after...
November 2, 2018
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
U.S. Dollar Closes at Highest Rate Since June in Brazil
Current political turbulence led the US currency to close near R$3.50/US$1 and the Bovespa to register its steepest decline in...
December 2, 2016
U.S. Dollar Registers Highest Daily Hike in Brazil in 8 Years
Negative foreign and domestic economic news led to the appreciation of the US dollar against the Brazilian real and the...
November 11, 2016