The Brazilian real dropped today after data that showed an increase of the current account deficit. Yesterday’s decision of the nation’s central bank to keep monetary policy unchanged was also unsupportive to the currency.
USD/BRL — News Archive
November 26th, 2015 at 14:57
October 15th, 2015 at 21:54
The Brazilian real was underperforming compared to other Latin American currencies on Thursday as Fitch ratings reduced Brazil’s sovereign credit grade. The currency still managed to erase its losses but was unable to demonstrate the same strength as its peers.
October 01st, 2015 at 19:21
The Brazilian real dropped against the US dollar today as political uncertainty and turmoil in the country were not helping to make the currency attractive to overseas investors.
September 23rd, 2015 at 21:49
The Brazilian real crashed to the record low level against the US dollar today following the earlier attempt to rally.
September 21st, 2015 at 19:39
The Brazilian real fell against the US dollar as the pessimistic outlook for Brazil’s economy coupled with concerns about the global economic slowdown made traders not particularly interested in the nation’s currency.
September 15th, 2015 at 19:51
The Brazilian real dropped against the US dollar today as market participants were skeptical about the ability of President Dilma Rousseff to push for the planned austerity measures. Uncertainty about the upcoming policy meeting of the US Federal Reserve also affected the currency negatively.
The Brazilian real fell today as the worsening outlook for nation’s economic growth made the currency less attractive for market participants.
The Brazilian real fell today but was still heading to a weekly gain. The currency rallied after the nation’s central bank bolstered its interest rates, making the currency more attractive for investors, particularly carry traders.
January 22nd, 2015 at 14:37
Brazil’s central bank increased its key Selic rate at today’s monetary policy meeting. The decision was not unexpected by market participants, but the Brazilian real still demonstrated a rather big rally after the announcement.
January 07th, 2015 at 15:44
The Brazilian real gained today on hopes that the new economic team appointed by President Dilma Rousseff will succeed in revitalizing economic growth in the South American country.