USD/BRL — News Archive

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Real Falls vs. Dollar, Brazil’s Officials Unconcerned

The Brazilian real fell against the US dollar today, but Brazil’s officials were not concerned by the dollar’s strength, thinking that there are plenty supportive fundamentals for the Brazilian currency.

Brazilian Real Gains on US Dollar Despite Monetary Easing

The Brazilian real, like most other currencies, rallied against the US dollar today despite monetary easing from Brazil’s central bank.

Brazilian Real Gains vs. US Dollar During Tuesday’s Trading

The Brazilian real rose against the US dollar today even though experts are expecting that the Central Bank of Brazil is going to cut interest rates in October.

Brazilian Real Jumps vs. US Dollar

The Brazilian real jumped as much as 2% versus the US dollar today as Brazil’s central bank refrained from intervening in markets to support the currency while the government showed willingness to embark on fiscal austerity.

Brazil’s Central Bank Intervenes to Weaken Real

The Brazilian real dropped today after the central bank intervened on currency markets to curb the excessive appreciation of the real.

Brazilian Real Rises for Third Day

The Brazilian real rallied for the third consecutive session today, though the rally caused concerns among traders about potential intervention from the nation’s central bank.

Brazilian Real Gains as Central Bank Suggests No Interest Rate Cuts

The Brazilian real gained against the US dollar today as the nation’s central bank signaled that it is not considering monetary easing as inflation is expected to remain above the bank’s target.

Brazilian Real Fails to Rally vs. Greenback

The Brazilian real failed to gain against the US dollar today even after the release of helpful retail sales data. The strength of the greenback and the report from the International Monetary Fund were the reasons for the currency’s underperformance.

Brazilian Real Unfazed by Moody’s Credit Rate Downgrade

The rally of the European stocks allowed the currency markets to stabilize, leading to a bounce of riskier currencies. The Brazilian real joined the rally against the US dollar even though Brazil’s credit rating was reduced by Moody’s to junk.

Brazil’s Central Bank Has No Plans for Interest Rate Cuts

Alexandre Tombini, Governor of the Central Bank of Brazil, said that the central bank has no plans to cut interest rates. While the news was positive for the Brazilian real, the currency had troubles rising against the US dollar.

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