The US dollar has seen a notable increase against the Brazilian real, closing at R$5.6404, marking a 0.46% rise. This uptick reflects a broader pattern influenced by global economic currents and contrasting national economic performances. Initially, the dollar softened against the real as Brazil‘s GDP for the second quarter outperformed expectations. The Brazilian economy expanded […]
Related Posts
Colombian Health Reform Falters in Senate
Yesterday, a pivotal moment unfolded as the Colombian Senate’s committee did not pass a health reform proposed by President Gustavo Petro. This event marks another obstacle for Petro, who aims to fulfill major commitments through legislative actions. The proposed reform, which sought to reduce insurance firms’ control and broaden healthcare accessibility, faced opposition. Critics feared […]
Third Consecutive Day of Dollar Decline Against Real
The U.S. dollar continued its downward trend against the Brazilian real, marking its third consecutive day of decline. This trend aligns with falling Treasury yields globally, as investors respond to recent U.S. inflation data and GDP reports. On Thursday, the spot dollar closed at 4.9228 reais, reflecting a 0.19% drop. Over three days, the currency […]