Recently, Brazil’s currency market witnessed significant fluctuations, influenced by the Ptax rate battle and the Federal Reserve’s monetary policy decision. The session ended with the Brazilian real marginally declining against the U.S. dollar, a 0.16% decrease to 4.9384 reais. Despite this dip, the U.S. dollar experienced a 1.79% rise throughout January. In Brazil’s futures market, […]
Related Posts
Paiter Suruí Tribe Launches Brazil’s First Indigenous Ethno-Tourism Agency
Paiter Suru group pioneers “Yabnaby: Paiter Suru Tourist Space,” Brazil’s first indigenous-led ethno-tourism venture in the Amazon. Covering 224,000 hectares of “Sete de Setembro” land, it offers travelers an authentic immersion into indigenous culture and traditions. Selected for 2023 funding by the “Priority Program for Bioeconomy” (PPBio), the project highlights leveraging Amazon’s bioeconomic potential. Almir […]
Brazil’s Federal Tax Revenue Soars to Record-Breaking R$ 203.1 Billion in September
September 2024 marked a historic milestone for Brazil’s federal tax collection. The country’s revenue reached an unprecedented R$ 203.1 billion ($36.3 billion), showcasing a remarkable 11.61% real increase compared to the previous year. This achievement set a new record for the month since the beginning of data collection in 1995. The Federal Revenue Service reported […]
