The Economist1h
Why Brazil’s currency is plunging
T HE BRAZILIAN real holds an ignominious title this year: it is the worst-performing major currency, down by more than 20% to ...
Brazil’s Business Sector Struggles As Real Slumps & Rates Rise
Brazil’s currency turmoil is putting significant pressure on the nation’s largest companies. The Brazilian real has dropped 21 percent recently, making it more expensive for companies to service their ...
Brazil Congress Keeps Watering Down Fiscal Plan as Real Sinks
Brazil’s congress further weakened the first proposal of President Luiz Inacio Lula da Silva’s austerity package after the ...
Brazil's currency drops to weakest level yet 4 as Lula's fiscal measures debated
Brazil’s real has fallen to its weakest level against the dollar since the currency was introduced in 1994, undercut by ...
Brazil's real hits record low as markets eye govt spending
Brazil's real tumbled by the most in over two years to a fresh record low on Wednesday and stocks were also under pressure as ...
Brazil Central Bank Calls New Spot Auction as Currency Craters
Brazil’s central bank announced it would sell as much as $3 billion in a spot auction on Thursday, its fourth such ...
Bloomberg L.P.19h
Brazil Finance Chief Says Real May Be Under ‘Speculative Attack’
“There may be speculative attacks, but I don’t want to make a judgment about that, because the Finance Ministry works with ...