Tag: Brazilean Real

• Sunday, June 7th 2020 - 09:18 UTC

  Brazilian Real rebounding strongly after months of erosion; central bank forecasted to further cut Selic rate

  

  The Brazilian Real and Mexican peso have both rebounded strongly in recent weeks, but their rallies are starting to diverge with the peso running out of steam and the Real gaining momentum.

• Tuesday, December 15th 2015 - 08:36 UTC

  Brazil in recession, but farming is booming with the 29% fall of the Real

  

  Financial and political turmoil that have Brazil on the brink of a depression is also contributing to one of the best years ever for domestic farmers. Economic stress and a weak currency has facilitated export revenue for everything from soybeans to beef to coffee.

• Tuesday, September 22nd 2015 - 06:49 UTC

  Brazil's Real at almost four to the US dollar; 70% weaker in the last 12 months

  

  Brazil’s currency closed on Monday at the weakest level ever against the dollar as raging economic and political situations increased uncertainty and the odds of the country losing its investment-grade credit rating from yet another ratings company, which could be catastrophic.

• Friday, September 11th 2015 - 09:41 UTC

  Brazilian Real falls to its lowest against the dollar since 2002; central bank injected funds

  

  A day after Standard & Poor’s slashed Brazil’s credit rating to junk, the Brazilian Real lost close to 2% by the end of the day to 3.865 per dollar—its weakest level since 2002. In an effort to stem the decline, Brazil’s central bank injected $1.5 billion into the financial system Thursday.

• Tuesday, October 28th 2014 - 06:47 UTC

  Brazil's markets react negatively to Rousseff's re-election; waiting for new finance minister name

  

  A sharp drop in Brazil’s financial markets signalled investors are unsure whether the newly re-elected President Dilma Rousseff will take the necessary steps to reinvigorate the country’s stalled economy.

• Wednesday, October 17th 2012 - 05:31 UTC

  Investors are falling in love with Mexico while Brazil loses its ‘darling’ status

  

  The following article was published by Canada’s The Globe and Mail and gives an insight to investors thinking from the north regarding Latinamerica’s two largest economies, Brazil and Mexico.