Brazilian Rea (BRL)

QUOTE AND NEWS
Agrimoney.com  Dec 7  Comment 
Arabica coffee futures take above 20% their decline from November highs, undermined by growing supply hopes and weakness in Brazil's real
Agrimoney.com  Dec 6  Comment 
Arabica coffee futures take above 20% their decline from November highs, undermined by growing supply hopes and weakness in Brazil's real
Agrimoney.com  Nov 30  Comment 
ADM's Eddie Tofpik says next week could prove crucial for Brazil's currency - and therefore for investors in the likes of coffee and sugar
Reuters  Nov 21  Comment 
Banco do Brasil SA plans to save up to 3.1 billion reais ($900 million) in coming years by shedding up to 18,000 jobs and shutting hundreds of branches, the latest step by...
Reuters  Nov 11  Comment 
Estácio Participações SA , Brazil's second-largest for-profit education firm, will pay an extraordinary dividend totaling up to 420 million reais ($121 million), Chief...
Reuters  Nov 11  Comment 
* Gazit Brasil acquires 33% of Shopping Cidade Jardim in Sao Paulo for R$ 410m (approximately USD 130m) Source text for Eikon: Further company coverage:
Reuters  Nov 10  Comment 
* Brazil's JHSF says sold 33 percent stake in shopping Cidade Jardim for 410 million reais to Gazit Brasil - filing Source text for Eikon: Further company coverage:
newratings.com  Nov 10  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real declined against the U.S. dollar in the European session on Thursday, amid uncertainty over the nation's trade relationship with the U.S. following Trump's victory. Preliminary data from IBGE...
Reuters  Nov 4  Comment 
Brazil's federal environmental agency IBAMA said on Friday it is fining Samarco Mineracao, an iron ore joint venture between Vale SA and BHP Billiton, 500,000 reais ...
newratings.com  Oct 9  Comment 
WASHINGTON (dpa-AFX) - Itau Unibanco Holding SA agreed to buy Citigroup Inc.'s (C) retail-banking assets in Brazil for 710 million reais. With this acquisition, Itaú Unibanco's assets will reach to 1,404 billion reais. The impact on...




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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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