FILE - Brazil's former President Luiz Inacio Lula da Silva, who is running for reelection, smiles during a press conference in Sao Paulo, Brazil, Oct. 23, 2022. (AP ...
BUENOS AIRES (Reuters) - Brazil's real currency is expected to trade relatively steady in coming months, restrained by concerns over a deterioration in the country's external accounts, a Reuters poll ...
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Brazil joins Russia in criticising sanctions amid push for local currency trade
By bnl Sao Paulo bureau Brazil and Russia issued a joint statement criticising unilateral sanctions and calling for stronger central bank co-operation, in what appeared to be a veiled swipe at US ...
(Reuters) - Brazil's former central bank chief Roberto Campos Neto said on Friday that part of the sharp depreciation of the country's currency late last year was driven by companies acting ahead of a ...
Domestic market participants are accustomed to high nominal yields; local treasury bills linked to the Selic often offer double-digit returns, creating a strong home-market bias. The challenge, ...
Brazil’s BRICS presidency this year will not push for a shared currency but will focus on easing international payments and reducing reliance on the U.S. dollar in global trade, according to four ...
On May 30, in a Barchart article, I highlighted that the Brazilian real was steady at twenty cents against the U.S. dollar. In that piece, I wrote: The real is steady at around the $0.20 level against ...
SAO PAULO – Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da ...
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