Tag: brazillian currency

• Thursday, April 23rd 2020 - 09:20 UTC

  Brazilian currency falls to an all-time low of 5,40 to the US dollar; this year it has lost 25% of its value

  

  Brazil’s Real fell on Wednesday to a fresh all-time low close to 5.40 per dollar, as expectations intensified that the central bank will cut interest rates significantly in the coming weeks to combat the coronavirus-fueled economic crisis.