Brazilian Rea (BRL)

Benzinga  Sep 8  Comment 
Last week was particularly turbulent for Brazil: the real lost 6.7 percent, while the Sao Paulo Stock Exchange fell roughly 1.4 percent. Year-to-date, the currency is down more than 30 percent, mainly driven by concerns over the Fed rate hike and...  Sep 8  Comment 
NEW YORK (TheStreet) -- Banco Bradesco  stock is up 2.83% to $6 in late afternoon trading on Tuesday, as Brazil's currency recovers from its lowest point since October 2002. The Brazilian real is bouncing back 0.9% from 12-year lows today...
Benzinga  Sep 5  Comment 
Brazil had a tough week. The real fell more than 7 percent over the week, while the Sao Paulo Stock Exchange lost roughly 1.4 percent. Both continued to decline on Friday: the real plummeted more than 3 percent versus the U.S. dollar and the...
Benzinga  Sep 5  Comment 
On Friday, Bill Gross of Janus Capital appeared on Bloomberg and shared his thoughts on several issues, including emerging markets, with Tom Keene and Michael McKee. The Imbalances Of The Global Economy Talking about overnight VAR (value...
Benzinga  Sep 3  Comment 
Benzinga has been following the saga of the Brazilian Real over the past few days. On Wednesday, the currency hit its lowest point since 2002, closing at 0.2661 U.S. dollars. On Thursday, the notes continued to fall, with the U.S. Dollar being...
MarketWatch  Sep 3  Comment 
The Brazilian real weakened against the dollar for a 5th straight day Thursday as polls suggest President Dilma Rousseff has lost almost all her credibility with the Brazilian people. The real earlier fell to the latest in a series of all-time...
Benzinga  Sep 2  Comment 
The Brazilian real continues to plummet. After losing 1.752 percent on Wednesday, the currency hit its lowest point since 2002. A real is now 0.2658 U.S. dollars, and 1 U.S. dollar equates to 3.7598 reals. The Sao Paulo Stock Exchange, which...
MarketWatch  Aug 31  Comment 
The U.S. dollar rose to another record high against the Brazilian real Monday. The real, one of the worst-performing emerging-markets currencies of 2015, traded at 3.67 to the dollar, down 2.3% from its level late Friday in New York. The real...
Automotive World  Aug 3  Comment 
Brazil’s weakening currency assists ArcelorMittal’s competitiveness in steel exports The post Weakening Brazilian real a “silver lining on a dark cloud” for ArcelorMittal appeared first on Automotive World.
Benzinga  Jul 30  Comment 
Coffee futures are trading higher on Thursday. September Coffee is trading at 124.80, up 2.65. Trading is choppy. Some market talk about end of month positioning has kept both buyers and sellers active. Chatter about currency values and the...
Benzinga  Jul 30  Comment 


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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