Brazilian Rea (BRL)

QUOTE AND NEWS
Forex News  Jul 27  Comment 
The Brazilian real rallied against the US dollar today after the Federal Reserve released a dovish policy statement and Brazil’s central bank cut its key interest rate. The Central Bank of Brazil cut the Selic rate by one percentage...
Channel News Asia  Jul 9  Comment 
SAO PAULO: Brazil's most prominent banking clans could pay between 3.3 billion reais and 3.5 billion reais (US$1 billion and US$1.1 billion) for a majority stake in Havaianas flip flop maker Alpargatas SA, two people with knowledge of the matter...
Cellular News  Jun 30  Comment 
andnbsp;Pense em um aplicativo capaz de verificar sua identidade por meio da forma como você move o mouse - ou o dedo - em uma tela ou aprender sobre seus padrões de escrita e navegação em sites. Em outras palavras, um aplicativo capaz de...
The Economic Times  May 19  Comment 
Brazil’s real, stocks and bonds tumbled as a fresh political crisis ensnared President Michel Temer.
Forex News  May 18  Comment 
The Brazilian real sank about 7% during the current trading session after allegations were made that the country’s President Michel Temer made an attempt to bribe a witness in a graft probe. Brazilian newspaper O Globo reported late...
MarketWatch  May 18  Comment 
Brazil's real plunges vs. dollar on presidential bribery claims
Clusterstock  Apr 15  Comment 
SAO PAULO (Reuters) - A judge in Brazil's biggest city ruled this week that a driver using the Uber ride-hailing app is an employee of the San-Francisco-based company, threatening its business model in one of its biggest markets. Uber said it...
The Times of India  Mar 23  Comment 
LATAM-EMERGINGMARKETS/ (TABLE):EMERGING MARKETS-Brazil real slips on narrow win for outsourcing bill
Reuters  Jan 26  Comment 
BM&FBovespa SA, Latin America's largest financial bourse, has agreed to buy 8.59 percent of Peruvian peer Bolsa de Valores de Lima SA for about 49 million reais ($15...




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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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