Brazilian Rea (BRL)

QUOTE AND NEWS
newratings.com  Jun 20  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real firmed against the U.S. dollar in early New York trading on Monday, after the Brazilian Finance Minister told investors that the government's plan to freeze budget spending for twenty years would remove...
newratings.com  Jun 17  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real drifted higher against the U.S. dollar in New York deals on Friday, as risk sentiment improved after the suspension of campaign over whether the U.K. should stay in the European Union. Speculation spurred...
newratings.com  Jun 6  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real drifted higher against the U.S. dollar in early New York trading on Monday, as commodities rallied on expectations that Fed may delay June rate hike, in the aftermath of dismal jobs report. The Brazilian...
newratings.com  Jun 3  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real strengthened against the U.S. dollar in European trading on Friday, as oil prices rose following a data showing a drawdown in US crude inventories, shrugging off news that OPEC meeting failed to take a...
newratings.com  May 27  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real lost ground against the U.S. dollar in New York trading on Friday, on the back of falling oil prices, as well as on concerns about the ability of Acting President Michel Temer to implement...
newratings.com  May 23  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real drifted lower against the U.S. dollar in European trading on Monday, on weaker commodity prices. The Brazilian currency fell to a 4-day low of 3.5691 against the greenback, from an early 5-day high of...
Financial Times  May 16  Comment 
Polish zloty and Russian rouble also stand out in weaker market
Wall Street Journal  May 11  Comment 
The Brazilian real strengthened against the dollar Wednesday as the country’s Senate prepared to vote on whether to hold an impeachment trial for President Dilma Rousseff, and shares declined.
Reuters  May 10  Comment 
* Arcos Dorados Holdings Inc. announces final settlement of cash tender offer for any and all of its 10.25% brazilian real denominated senior notes due 2016 Source text for Eikon: Further company...




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The Brazilian real (denoted by R$) is the present-day currency of Brazil. A 100 centavos = 1 Real.

During monetary reform package in South America, the modern real was introduced in 1994 to end more than three decades of inflation in that region. During its introduction, it was pegged to the US dollar (1:1). It suffered a sudden devaluation to a rate of about 2:1 in 1999, after which in 2002 it reached almost 4:1. This was followed by a partial recovery after which it has been at approximately 2:1 since 2006.


The chart at left shows the USD/BRL currency pair; the number of Brazilian Real equivalent to 1 U.S. Dollar (USD).

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