Venezuela Is Becoming One of World’s Most Rapid Adopters of Cryptocurrency
Between hyperinflation, stalled oil operations, and deepening tensions with the United States, it is safe to say that Venezuela is...
February 7, 2021Topic
US dollar
Dollar Exchange Rate Surges in Brazil But Central Bank Remains Calm
This week the exchange rate between the Brazilian real and the US dollar surged, with the Brazilian currency falling by...
November 21, 2019
Brazil’s Bourse Tumbles with Tension Between Congress and Administration
Turbulence between Brazilian officials led the financial market to tense up in the final hours of trading on Wednesday, with...
March 28, 2019
Brazil’s Real Depreciates, Stock Market Falls Day After Elections
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL- Despite the overall optimism shown by investors and the financial...
October 30, 2018
Brazilian Real Reaches Lowest Level Against US Dollar Since 1994
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian real devaluated again on Thursday against the...
September 14, 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. Dollar Closes at Highest Rate in Almost Two Years
Domestic political uncertainties coupled with international volatility led the Brazilian real to plunge to R$3.50/US$1 on Wednesday afternoon.
April 26, 2018
Market Plunges in Brazil, Dollar Surges Amidst Political Turmoil
São Paulo's Ibovespa registers the steepest daily decline since 2008 and U.S. dollar registers the largest daily appreciation against Brazilian...
May 19, 2017
Brazil Denies Increase in Tax of Foreign Exchange Transactions
Despite denial U.S. currency rose to highest level against the Brazilian real since January 26th.
March 9, 2017