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 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’s congress further weakened the first proposal of President Luiz Inacio Lula da Silva’s austerity package after the ...

Brazil’s real has fallen to its weakest level against the dollar since the currency was introduced in 1994, undercut by ...

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’s central bank announced it would sell as much as $3 billion in a spot auction on Thursday, its fourth such ...

“There may be speculative attacks, but I don’t want to make a judgment about that, because the Finance Ministry works with ...

The BRICS countries include Brazil, Russia, India ... the tariffs if the countries either move to create a new rival currency to the dollar or back an alternative currency to replace the greenback ...

the local community has increasingly hedged the local currency’s price depreciation by stacking stablecoins like USDt (USDT). According to Chainalysis, Brazil was the second-largest market ...

The leader of one member country, Brazil’s Luiz Inácio Lula da Silva, in 2023 proposed creating a common currency in South America to reduce reliance on the US dollar. Using BRICS currencies ...

BRASILIA, Nov 28 (Reuters) - Brazil's government on Thursday detailed spending cuts aimed at achieving more than 70 billion reais ($11.8 billion) in savings over the next two years to support its ...

A sovereign reserve is a pool of assets held by a nation’s central bank typically used to back the country’s fiat currency, stabilize the economy, and support international trade. Brazil had $ ...