Brazilian Rea (BRL)

QUOTE AND NEWS  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...  Oct 7  Comment 
Sterling-denominated futures gain, helped by a fall in the currency, while rising Brazilian real boosts coffee and sugar. Spring wheat falls, at last  Oct 3  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real erased its recent losses against the U.S. dollar in European deals on Monday, as demand for emerging market assets improved after upbeat factory activity data in Europe and Asia. The Brazilian Real climbed...
Forex News  Sep 27  Comment 
The Brazilian real rose against the US dollar today even though experts are expecting that the Central Bank of Brazil is going to cut interest rates in October. The central bank predicted in its inflation report that inflation will fall...  Sep 12  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real lost ground against the U.S. dollar in European deals on Monday amid political uncertainty, as supporters of the ousted President marched through Sao Paulo demanding an end to the coup regime and calling for...
MarketWatch  Aug 31  Comment 
Brazilian stocks and the Brazilian real rose Wednesday after the country's senate voted to remove President Dilma Rousseff from office, ending a protracted battle for control of the country. After rising earlier in the session, the dollar slipped...
Wall Street Journal  Aug 31  Comment 
Brazil’s real has been the world’s best-performing major currency this year and its stock market has risen by one-third, but hopes that President Dilma Rousseff’s expected ouster would usher in a new era of sound economic management could be...  Aug 29  Comment 
BRASILIA (dpa-AFX) - The Brazilian Real lost ground against the U.S. dollar in European trading on Monday, as emerging-market currencies sank on hopes for Fed rate hike as early as next month. Brazil's suspended President Dilma Rousseff is...
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...


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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