Thread: Real x Dollar

Dollar hits high of the day in the early afternoon.

Finance Minister called a news afternoons to talk about the exchange, but didn´t elaborate on the subject.

Real (BRL) keeps rising against Dollar (USD) in the beggining of the new year.

As of this day, January 5, 2011, 1 Real is equivalent to 0.61 usd.. that's a great indicator of good economy for Brazil.. But it's not good for Brazilian OFWs..

That's great! It means Brazil is doing well.. Keep rising!

Yes, Brazilian currency keeps valuing due to the strong economical fundaments. Dilma Rousseff, the new President of Brazil has been announcing many excellent reforms.

Anyway, we Brazilians hope that U.S.A. can overcome any kind of economical crisis as soon as possible, because this is the main fact that allows Brazilian currency stronger than before.

Dollar currency has been showing a bit reaction against Real in the last 10 days. Inlfation is increasing and the prime-rate, too.

Big investors seems to be dismantling positions in sold dollars.

American Dollars to 1 BRL (invert,data) 120 days latest (Sep 9)
0.599513 lowest (Sep 9)
0.599513 highest (Jul 26)
0.65161

It seems like almost every day investors are bombarded with news that scares them.