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By Gabrielle Coppola and Josue Leonel, Bloomberg |
June 18, 2013
Brazil’s real touched a four-year low, prompting the central bank to intervene for a second straight day as a report showed higher-than-forecast inflation.
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By Blake Schmidt and David Biller, Bloomberg |
June 13, 2013
Brazil’s real rose from a four-year low after the government removed a 1% tax charged on wagers against the dollar in the futures market.
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By David Biller and Maria Luiza Rabello |
June 12, 2013
Brazil’s government eliminated a tax on currency derivatives in a bid to arrest the decline of the real.
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By Blake Schmidt and Marisa Castellani, Bloomberg |
February 8, 2013
Brazil’s real touched a nine-month high as Finance Minister Guido Mantega signaled that the government will allow the currency to appreciate another 5% before the central bank intervened to stem gains.
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By Blake Schmidt and Telma Marotto, Bloomberg |
December 20, 2012
Brazil’s real rose to a one-month high two days after the central bank eased reserve requirements for bets against the dollar on concern the local currency’s decline this year would cause inflation to accelerate.
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By Blake Schmidt and Josue Leonel |
December 18, 2012
Brazil’s real rose for the first time in four days as the central bank eased reserve requirements on bets against the dollar to boost the local currency.
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By Blake Schmidt, Bloomberg |
December 3, 2012
Brazil’s real advanced after policy makers intervened following a plunge in the currency last week to a three-year low on slower-than-forecast third-quarter economic growth.
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By Gabrielle Coppola and Josue Leonel, Bloomberg |
November 21, 2012
Brazil’s real fell to a three-year low after President Dilma Rousseff told Valor Economico that the currency is “overvalued,” spurring speculation that the government will allow it to depreciate further.
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By Gabrielle Coppola and Josue Leonel, Bloomberg |
November 16, 2012
Brazil’s real fell, extending its biggest weekly drop since June, on speculation the central bank will allow the currency to weaken as U.S. budget wrangling spurs demand for a refuge in the dollar.
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By Matthew Malinowski, Bloomberg |
October 8, 2012
Analysts covering Brazil’s economy raised their 2012 inflation forecast for a 13th straight week, as record low borrowing costs and a recovery in Latin America’s biggest economy stokes demand.
