FILE - Brazil's former President Luiz Inacio Lula da Silva, who is running for reelection, smiles during a press conference in Sao Paulo, Brazil, Oct. 23, 2022. (AP ...
A sudden drop in the Brazilian real just before the announcement of steep U.S. tariffs has triggered a high-profile investigation in Brazil. Authorities are now trying to find out whether anyone used ...
(Reuters) - Brazil's former central bank chief Roberto Campos Neto said on Friday that part of the sharp depreciation of the country's currency late last year was driven by companies acting ahead of a ...
BUENOS AIRES (Reuters) - Brazil's real currency is expected to trade relatively steady in coming months, restrained by concerns over a deterioration in the country's external accounts, a Reuters poll ...
Brazil’s BRICS presidency this year will not push for a shared currency but will focus on easing international payments and reducing reliance on the U.S. dollar in global trade, according to four ...
Domestic market participants are accustomed to high nominal yields; local treasury bills linked to the Selic often offer double-digit returns, creating a strong home-market bias. The challenge, ...
SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inácio Lula ...