Brazilian Real Exchange RateA financial analyst from bank Itau (one of the largest Brazilian corporations) told me last week that the bank doesn’t expect big shifts in the current relationship between the Brazilian real and the US dollar and the euro. In other words, an overvalued real is likely to stay, at least for the next few months.
Bad [...]
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What is the difference between the “comercial”, the “turismo” and the “paralelo” dollar? dólar comercial: it’s the one used in trade, imports, exports, and financial operations. When you withdraw local currency from a Brazilian [...] |
  
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