Tag: Brazilian Reais

• Thursday, July 4th 2019 - 08:02 UTC

  Brazil's currency Real turned 25 this month, a true feat for a country whipped for decades with inflation

  

  Brazil’s Real turned 25 years on Monday, July first. It’s already the longest circulating currency in the contemporary history of Brazil, having achieved this feat without fanfare in 2018 when it surpassed the cruzeiro.

• Wednesday, January 27th 2016 - 08:28 UTC

  Brazil's current account deficit drops to 3.32% of GDP, lowest since 2010

  

  The soaring US dollar and Brazil’s slumping economy led to a weaker demand for imported goods and services in 2015. As a result, Brazil’s current account deficit reached USD 58.942 billion, equivalent to 3.32% of GDP. The result is the smallest amount since 2010. In 2014, the current account deficit reached USD 104.181 billion, or 4.31% of GDP.

• Saturday, July 20th 2013 - 05:46 UTC

  Money exchange controls limit Argentines from travelling to Brazil to greet Pope Francis

  

  Despite the pope is Argentine and on Monday he will be making his first pastoral trip overseas to Brazil, Argentine government strict currency controls are making it difficult for prospective pilgrims to travel. An estimated 60.000 Argentines are expected to travel to Rio do Janeiro for the grand event.