Brazilian Rea (BRL)

Mondo Visione  Aug 16  Comment 
trueEX, the innovative global interest rate swap trading platform, has built a solution to provide execution for Brazilian Real (BRL) interest rate swaps cleared at CME Group. The launch follows CME Group’s Q4 2015 launch of BRL interest rate...
Reuters  Aug 11  Comment 
BM&FBovespa SA, Latin America's largest financial exchange operator, posted a net loss of 114 million reais ($36.2 million) in the second quarter after losses caused by...  Aug 11  Comment 
Markets maintain pre-Wasde tunnel vision, despite big US export sales numbers for grains, while the Brazilian real breaks a winning streak  Aug 10  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real climbed against the U.S. dollar in early New York trading on Wednesday, as the latter weakened across the board on diminishing hopes for an imminent rate hike by the Federal Reserve. Early in the day, the...  Jul 29  Comment 
Sugar and futures rally as the Brazilian real turns higher
Reuters  Jul 26  Comment 
Energisa SA, Brazil's sixth-largest power distributor, is expected on Tuesday to price an offering of units at 18.50 reais each, closer to the upper end of a suggested...
Reuters  Jul 15  Comment 
Shareholders in Brazilian for-profit education provider Estacio Participacoes SA can expect to receive extraordinary dividends totaling 420 million reais ($129...  Jul 12  Comment 
Why are robusta coffee prices underperforming, despite production worries? The ICO flags the role in markets of Brazil's reviving currency
Forex News  Jul 8  Comment 
The Brazilian real jumped as much as 2% versus the US dollar today as Brazil’s central bank refrained from intervening in markets to support the currency while the government showed willingness to embark on fiscal austerity. Investors...  Jul 4  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real drifted lower against the U.S. dollar in early New York trading on Monday, amid speculation of possible intervention by the Central Bank of Brazil to stem the real's appreciation. The Brazilian...


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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