Tag: Brazilian currency

• Thursday, February 20th 2020 - 18:14 UTC

  Brazilian currency again slips to a record low against the US dollar

  

  Brazil’s real posted a record low close against the dollar for a second straight day on Wednesday, after earlier sliding to within less than one centavo of its weakest-ever level as the weight of selling pressure built up on several fronts.

• Friday, September 28th 2018 - 08:58 UTC

  Brazilian currency strengthens below 4 to the dollar: first time in five weeks

  

  The Brazilian currency dipped under four Real to the dollar for the first time in five weeks at close on Thursday as the markets reacted favorably to the emergence of two clear presidential election frontrunners. The Real closed at 3.99 to the US dollar just two weeks after hitting a record low of almost 4.2 to the dollar -- it's lost around 17% since the start of the year.

• Wednesday, September 19th 2018 - 08:18 UTC

  Brazilian Bovespa market index up 1.75%; Real suffers a slight depreciation

  

  Brazil's benchmark Bovespa index rose 1.75% on Tuesday, rallying for a second straight day largely on a spike in commodities prices. Two of the Bovespa's most heavily weighted equities, miner Vale and oil giant Petrobras benefited from rising commodity prices worldwide amid escalating China-U.S. trade tensions and signals OPEC is not prepared to raise output to address shrinking supplies from Iran.

• Thursday, September 6th 2018 - 09:04 UTC

  In Brazil, the Real and Bovespa stock index recovered slightly on Wednesday

  

  In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.

• Friday, August 31st 2018 - 09:16 UTC

  Brazil contains the value of its currency with a US$ 1.5 billion support

  

  The economic and foreign exchange crisis in Argentina and the growing uncertainties in the political scenario of Brazil ahead of October's presidential election also had an impact in the Brazilian currency and markets, forcing the Central bank to come out with a US$ 1.5bn support.

• Friday, August 31st 2018 - 09:01 UTC

  Unemployment in Brazil falls slightly in July to 12.3%

  

  Brazil's unemployment rate dipped slightly in July, as expected, extending a slow and bumpy labor market recovery as pivotal presidential elections loom.

• Wednesday, August 29th 2018 - 08:33 UTC

  Brazilian currency down on presidential election forecast jitters

  

  The Brazilian Real led losses in Latin America as lingering concerns over presidential elections overshadowed a largely positive environment for emerging market assets. The US dollar ended trading at 4.333 Reales.