Brazilian Real


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Brazilian Real

The currency of Brazil. It was introduced in 1994 following the Latin American economic crisis. It is currently a floating currency, though it was semi-pegged to the U.S. dollar for most of the 1990s. It suffered two different currency crises in 1999 and 2002, but has since become one of the stronger currencies in the region.
References in periodicals archive ?
Compared to 4Q13, EBITDA increased 19% in Brazilian real and 6% in U.
TWO major foreign currency providers have reported dealing with "unprecedented" demand for the Brazilian Real as England fans prepare for the World Cup.
5 percent depreciation of the Brazilian real between September 2013 and December 2013," LATAM Airlines said.
Daimler plans to invest around one billion Brazilian real (the equivalent of around 300 million euro after the current exchange rate) in the next two years.
This leads to the strengthening of the Brazilian Real while weakening the US dollar.
THE country's central bank has announced a $60bn plan to prop up the value of the national currency as the Brazilian real nears a five-year low against the US dollar.
FIN INFORMATION IS SHOWN IN BRAZILIAN REAL, ASKING PRICE IS LISTED IN US $
LONDON: The Brazilian real could be due a change in fortune against the dollar after its lengthy slide from 1.
The equivalent proceeds of the Australian dollar, Brazilian real, and Turkish lira bonds will be dedicated to clean energy projects that ADB finances in developing Asia.
During the second half of 2011, log prices fell in US dollar terms, while there were only small price adjustments in the Brazilian Real terms.
As well as the Carnival holiday this was attributed to: the launch of new international destinations between the two periods (Punta Cana, Barbados and Aeroparque/Argentina); operations in partnership with travel agencies to sell block seating on flights; and the 7% appreciation of the Brazilian real against the US dollar.
The new plant will start operations in January 2011 with 65 million Brazilian real (about US$35.

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