The Brazilian Real Faces Steepest Depreciation Globally in April

April 2024 has been a challenging month for the Brazilian Real, which saw the sharpest depreciation globally against the dollar. By April 16, the Real had fallen by 5.1%, outpacing the declines of other currencies including Uruguay’s peso, Mexico’s peso, and Argentina’s peso. The Israeli shekel, also affected by ongoing conflict, similarly struggled. On that […]

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