since 2003, the value of Brazilian real has increased 122 percent against the once mighty dollar

July 25, 2011 | By Tony More

Michael Sommers, author of the Moon Travel Guide to Brazil, published recently a blog post with the title The World’s Most Overvalued Currency reflecting on how expensive Brazilian has become in recent years – for those coming to visit the country but for those living in Brazil too!

Essential reading, as it is the case with anything written by one of the best-informed travel writers on Brazil.

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