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 U.S. dollar, with the North American currency registering an...
View ArticleBrazil’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 systems with the victory of Jair Bolsonaro to Brazil’s presidency,...
View ArticleBrazil’s Bourse Tumbles with Tension Between Congress and Administration
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Turbulence between Brazilian officials led the financial market to tense up in the final hours of trading on Wednesday, with...
View ArticleDollar Exchange Rate Surges in Brazil But Central Bank Remains Calm
SÃO PAULO, BRAZIL – This week the exchange rate between the Brazilian real and the US dollar surged, with the Brazilian currency falling by 0.30 percent on Monday to R$4.20/US$1. But as Brazilians...
View ArticleVenezuela Is Becoming One of World’s Most Rapid Adopters of Cryptocurrency
RIO DE JANEIRO, BRAZIL - Between hyperinflation, stalled oil operations, and deepening tensions with the United States, it is safe to say that Venezuela is in crisis and it is ordinary Venezuelans who...
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Brazil: US dollar rose 10.03% in June and has highest monthly rise since...
RIO DE JANEIRO, BRAZIL - Amid fears of an international recession and internal tensions in Brazil, the financial market had the most turbulent month since the beginning of the covid-19 pandemic. The...
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US dollar reached 1,000 Chilean pesos for the first time
RIO DE JANEIRO, BRAZIL - The dollar reached an all-time high in Chile this Wednesday, July 6. At 11:37 AM, the currency reached CLP 1,000, according to the Chilean Electronic Stock Exchange (Bolsa...
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Commodities already down 20% in one month on recession fears
RIO DE JANEIRO, BRAZIL - Commodities, one of the most resilient sectors of the financial market this year, are now also being devastated by recession fears. A leading indicator of commodity prices has...
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Brazil: US dollar drops to R$5.34 with relief in the foreign market
RIO DE JANEIRO, BRAZIL - After several days of international turbulence, the financial market gave a truce on Thursday, July 7. After five straight highs, the dollar fell for the first time and closed...
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Brazil: Dollar rises to R$5.43 on recession fears in the USA
RIO DE JANEIRO, BRAZIL - On another day of turbulence in the domestic and international markets, the dollar surpassed R$5.40 and closed at its highest value since January. The stock market closed with...
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Argentina: Parallel dollar climbs over 6% in a single day
The quotation of the dollar in Argentina's parallel market reported today, Thursday, a new 6.3% increase in a single day, reaffirming the upward trend it has been registering since the beginning of...
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New migrants drive remittance growth for Central America
The arrival of a little more than half a million Central American migrants to the United States in 2022 is a driving force behind the growth of remittances, which this year are estimated to reach an...
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Brazil: US dollar rises to R$5.15, influenced by international market
One day after reaching the lowest level in eight weeks, the US dollar rose, influenced by the international market. The stock market fell after seven straight highs, driven by profit-taking when...
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Brazil: US dollar rises to R$5.14 amid concerns about China
The concerns about the slowdown in the Chinese economy and fears of a recession in the United States again weighed on the market on Tuesday, August 16. After two days below R$5.10, the dollar rose....
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Argentina announces special dollar exchange rate for soybean exports
Argentina's Minister of Economy, Sergio Massa, announced a new soybean liquidation scheme at an exchange rate of ARS 200 per dollar that will be in force from September 5 until September 30, with which...
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Latin America’s most stable currencies in the last two decades
Although the United States is suffering from inflation and its currency is also depreciating, the dollar has not lost its strength as a world reference. In Guatemala, for example, buying a dollar bill...
View ArticleBrazilian stock market loses the 110,000 points; US dollar reaches R$5.37
The Brazilian stock market, Ibovespa, operated in the negative field since the beginning of the trading session on Monday, September 26, at the beginning of a week marked by European turbulence and...
View ArticleEmerging markets, less hit than rich nations by dollar strength
The relative resilience of emerging markets relative to developed nations has begun to catch the attention of money managers. Citigroup (C) calls it "an unknown quantity." Goldman Sachs (GS) describes...
View ArticleBrazil’s stock market and currency rise after Lula da Silva’s election
Contrary to the prediction of most of the market, on Monday, October 31, the Brazilian Stock Exchange and its currency, despite starting the day down, ended up rising after the narrow victory of the...
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Opinion: US banking crisis and government debts; now even China alone can...
(Opinion) “A bunch of dead banks in a cemetery” – Elon Musk artistically described the situation. The media report on the growing risks in foreign financial policy in connection with public debt, the...
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