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February 2020 Review

Brazil February saw the USD/BRL move to unprecedented levels 4.50. This trend looks set to continue into March. The Brazilian finance minister, Paulo Guedes, made it clear that Brazil is not worried about a weaker currency. In a statement on 12th February he said that Brazil has 'abandoned' high rates...

January 2020 Review

Brazil January saw the USD/BRL move to all time highs 4.28. This trend continues into February - currently 4.34. There are multiple factors both domestically and internationally which are moving the USD/BRL. Retail numbers from November were disappointing and caused the USD/BRL to move upwards, adding doubt about the strength...