Tag: Real

• Saturday, October 31st 2020 - 07:51 UTC

  Brazil's central bank intervenes twice in the week in support of the weakening Real

  

  Brazil's central bank intervened in the foreign exchange market on Friday, selling dollars to ease heavy downward pressure on the real that had pushed the local currency closer to its all-time low against the dollar struck earlier this year.

• Saturday, May 9th 2020 - 08:54 UTC

  Brazil's Real recovers slightly on commodities market optimism

  

  Brazil's Real firmed for the first time this week, bouncing from last session's all-time lows, while most other Latin American currencies also strengthened on Friday on signs of easing tensions between the United States and China.

• Saturday, April 25th 2020 - 08:50 UTC

  Brazilian stocks plunge 9.6% and the Real sets a new record low

  

  Brazilian stocks sank as much as 9.6%, and the Real slid to new lows on Friday as political turmoil in the country added to mounting concerns over the coronavirus outbreak, while risk aversion ravaged Latin American markets.

• Friday, April 24th 2020 - 08:28 UTC

  Brazil's Real remains at record low: overstretched budget and another interest rate cut next week

  

  Brazil's Real eyed a fresh record low on Thursday, while other Latin American currencies were muted as markets mulled over increasingly dire economic readings due to the coronavirus.

• 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.

• Friday, March 6th 2020 - 08:48 UTC

  Latin American currencies weakened on Thursday's; Brazil Real slides to a record low

  

  Latin American stocks and currencies weakened on Thursday, with Brazil's real slipping to yet another record low, as the rapid spread of the coronavirus sapped risk appetite and investors worried about the scale of the economic fallout.

• Thursday, March 5th 2020 - 07:16 UTC

  Brazil to auction US$ 1 billion forex swaps on Thursday to boost the anemic Real

  

  Brazil’s central bank on Thursday will auction up to US$ 1 billion foreign exchange swaps contracts, it said on Wednesday, the latest FX market intervention in the face of the real’s 12% slide this year to a series of record lows against the dollar.

• 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.

• 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.

• Wednesday, September 12th 2018 - 08:30 UTC

  Brazilian equities and currency slump on Tuesday on latest opinion polls

  

  Brazilian equities and currencies slumped on Tuesday after an opinion poll on the presidential election showed leftist candidates gaining ground while market-friendly centrists did not.