Brazil’s Real Ends Year as Best Performer
The Brazilian real finished 2009 as the best performing currency in
Brazil’s resilience concerning the global crisis, a wide availability of natural resources and an attractive equities market as well as higher than average interest rates helped the Brazilian currency to beat all other majors in
USD/BRL closed the year at 1.7400, gaining more than 30 percent versus the greenback in the past 12 months.
If you want to comment on the Brazilian real’s recent action or have any questions regarding this currency, please, feel free to reply below.
Earlier News About the Brazilian Real:
- Brazil's Real Advances on Transactions, Risk Appetite (2009-12-28)
- Brazilian Real Falls Further on Risk Aversion, Currency Outlook (2009-12-19)
- Brazilian Real Drops on Global Pessimism (2009-12-17)
- Brazilian Real Benefits From China's Manufacturing (2009-12-01)
- Brazil's Real Down on Dubai World Debt (2009-11-27)