Brazil’s Real Tumbles Amid Slow Growth
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian real reached its lowest point in four years last week as disappointing first quarter financial results indicated...
View ArticleForeign Fixed Income Investments Rise
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Foreign fixed income investments in Brazil reached US$4.91 billion in the month of June, following the government’s decision to...
View ArticleBrazil’s Inflation Slowing in July: Daily
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – Inflation in Brazil is showing signs of slowing down this July, growing by only 0.24 percent after months of registering steady price...
View ArticleU.S. Dollar Hits Highest Exchange Rate: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – One U.S. dollar soared to R$2.391 on the close of trading in São Paulo on Thursday, January 2nd, marking the biggest decrease in...
View ArticleBrazil Lost $285B in Foreign Investment: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – According to the British business daily newspaper, The Financial Times, Brazil has lost close to US$285 billion worth of foreign...
View ArticleLow 1.79% GDP Growth Expected in 2014: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – A survey of financial analysts conducted by the Brazilian Central Bank has concluded that the country’s GDP will grow by a mere 1.79...
View ArticleBrazilians Spend US$2.34B Abroad in April: Daily
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – With the devaluation of the U.S. dollar in relation to the Brazilian real in April, Brazilian tourists spent more than US$2.34 billion abroad...
View ArticleBrazilian Real Falls to R$3.688 to the Dollar, Lowest Since 2002
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The foreign exchange market reacted negatively on Tuesday, September 1st to the announcement by Brazil’s government that it was sending...
View ArticleBrazil’s Real Falls to Lowest Forex Rate in Thirteen Years
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Not even an intervention by Brazil’s Central Bank to try to limit the further devaluation of the Brazilian real (BRL) halted the decline,...
View ArticleBrazil Real Falls to R$4 to US$1 and Stock Market Tumbles
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Not even the discourse by Brazil’s President Dilma Rousseff on Monday in New York at the United Nations General Assembly, stating that...
View ArticleBrazil’s Real Plunges to Lowest Rate Since its Creation
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian real was shaken once again on Thursday in relation to the U.S. dollar with Central Bank’s decision to maintain the...
View ArticleU.S. Dollar Falls to Lowest Rate of Year in Brazil
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Wednesday saw the U.S. dollar fell below the R$4.00/US$1 level to its lowest rate of the year in relation to the Brazilian real and the...
View ArticleBrazil’s Real Appreciates to 7-Month High to R$3.52/US$1
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...
View ArticleDecrease in Imports Helps Brazil’s Trade Balance Set Record
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The trade balance in Brazil closed the first semester of 2016 with a surplus of US$23.635 billion, according to the Ministry of...
View ArticleBrazil’s Real Closes at R$3.13 to Dollar in 13-Month High
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The recent appetite for riskier assets throughout the world has led the Brazilian real to its highest level against the U.S. dollar...
View ArticleDomestic and Foreign Issues Pressure Brazilian Real, Markets
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian real continued to depreciate in relation to the U.S. dollar on Monday morning as investors wait for Federal Reserve...
View ArticleU.S. Dollar Closes at Lowest Value in Two Months in Brazil
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The U.S. dollar depreciated against the Brazilian real for the fourth day in a row on Thursday, below R$3.20/US$1 and at its lowest value...
View ArticleU.S. Dollar Closes at Highest Rate Since June in Brazil
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s financial market registered heightened volatility on Thursday, December 1st, with the U.S. dollar closing at its highest rate...
View ArticleU.S. Dollar Closes at Lowest Value in 19 Months in Brazil
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – On a seemingly calm day in the financial market, the U.S. dollar depreciated against the Brazilian real to its lowest value in more than...
View ArticleBrazil Denies Increase in Tax of Foreign Exchange Transactions
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister of Brazil, Henrique Meirelles, was quick to deny any discussion within the federal government to increase the IOF (tax...
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