Economists have lowered the economic growth forecast for Brazil for this and the next few years. In their view, inflation will negatively affect the economy of the leading countries in Latin America. Read more »
Brazilian real continues to show weakness and reduced to the dollar for six consecutive days. The Central Bank and a the Finance Ministry are working together to prevent a collapse in currency and debt markets. Read more »
Brazil intends to support the rapidly falling national currency. Country’s central bank announced that it would carry out foreign exchange intervention and the end of the year is going to spend for this purpose about of $ 60 billion. Read more »
Brazilian Real hit four-year low, forcing the Central Bank to re-enter the market, while inflation accelerated more than expected.
Brazilian Real last month fell by 6.7% against the dollar. Read more »
Brazilian real – the official currency of the Federative Republic of Brazil. Bank code – BRL. 1 Brazilian Real = 100 centavos. Existing nominal values banknotes: 100, 50, 20, 10, 5, 2 and 1 real. Coins: 1 real, 50, 25, 10, 5 and 1 centavos. Read more »