Twenty years ago, first July 1994, after decades of financial turmoil, Brazil introduced its current currency, the Real, marking a turning point in the country's fight against hyperinflation.
This is a big surprise to me (and a major preoccupation of course) because in the same period there was a major appreciation of the Brazilian currency. In other words, assuming that a measurement ...
Ex president Lula da Silva was the runaway polls leader despite being jailed for 12 years in April for accepting a bribe Brazil's currency closed at a record low of 4.197 to the US dollar on ...
BRASILIA, Nov 11 (Reuters) - Brazil's currency weakened on Monday as President Luiz Inacio Lula da Silva's administration postponed the release of long-awaited spending-containment measures ...