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53 results for “currency”
Brazil Authorities Seize R$100 Million in Assets, Including Crypto, in Major Smuggling and Money Laundering Crackdown
A joint operation by Brazil's Federal Revenue and Federal Prosecutors' Office targeted a criminal organization that allegedly used cryptocurrencies to launder R$300 million from smuggling Arabian perfumes from Paraguay.
Statistical Tie in Brazil Presidential Race Brings Back Political Risk Premium to the Real
The Brazilian Real weakened sharply after new polls showed incumbent President Lula and Senator Flávio Bolsonaro in a statistical tie, reintroducing a political risk premium to the currency.
Brazilian Real Defies Strong Dollar as 'Electoral Trade' Prices Political Shift
The Brazilian Real has decoupled from global currency weakness, driven by investors betting on a tight 2026 election that could force a key fiscal adjustment.
Brazilian Real Strengthens as Tightening Polls Put Flávio Bolsonaro’s Fiscal Promises in Focus
The Brazilian currency climbed to an over three-week high against the dollar, as new presidential election polls showed a near-tie between the incumbent and challenger Flávio Bolsonaro, whom markets view as more fiscally conservative.
Brazil’s Nubank Formally Launches US Banking Operations With High-Yield Account
Nu Holdings, the Brazilian digital bank, launched US operations today via a partnership with Lead Bank, offering a 3.50% APY savings account and a multi-currency product.
Brazil's Central Bank Opens Foreign Currency Accounts to Exporters and Foreign Investors
BCB Resolution 575 expands access to foreign currency accounts in Brazil for companies engaged in international trade and foreign direct investment.
Fiscal Risk and Election Uncertainty Push Brazilian Real, Analysts Warn of R$6.00 USD/BRL Scenario
Brazil's currency is weakening as financial institutions warn a lack of post-election fiscal reform could send the USD/BRL to R$6.00.
Brazil’s Real Stability Relies Entirely on Trade Boom as $21 Billion Capital Flight Continues
A massive trade surplus is the sole support for the Brazilian Real, masking a $21.2 billion financial capital flight from the country, Central Bank data shows.
Federal Police Bust R$200 Million Clandestine FX Ring Centered in São Paulo
Brazil's Federal Police launched "Operation Dark Exchange," dismantling a ring that moved R$200 million via an unauthorized currency market.
Brazil Treasury Signals Marginal Rise in Foreign Currency Debt Target to 7%
The Brazilian National Treasury plans to increase its foreign currency-indexed debt target from 5% to 7% of the Federal Public Debt, seeking better cost management.
Brazilian Real Slides on Fiscal and Election Fears, Central Bank Intervenes to Steady Currency
Brazil's currency weakened past R$5.20 against the dollar as investors pull back due to pre-election fiscal uncertainty, prompting Central Bank intervention.
Political Uncertainty and JPMorgan Downgrade Push Brazilian Real Past R$5.20 Mark
Investor caution over Brazil’s fiscal outlook and tightening presidential election polls is fueling currency volatility.
Fiscal Fears Overwhelm Brazil’s High Interest Rate Appeal as Real Sinks in LatAm
The Brazilian Real has become Latin America's worst-performing currency as political and fiscal uncertainty ahead of the October election override its appeal to high-yield investors.
Global Managers Pare Brazilian Real Exposure as October Election Risk Mounts
Political uncertainty ahead of Brazil’s October presidential election is driving a flight from the Real, pushing the currency to its weakest point in months.
Brazil’s Central Bank Expands Foreign Currency Account Access for Exporters and Foreign-Owned Firms
New rules from the Central Bank of Brazil will allow more companies engaged in international trade to hold foreign currency accounts.
Political Risk Weighs on Brazilian Real as Lula’s Poll Lead and JPMorgan Downgrade Stoke Fiscal Fears
The Brazilian Real weakened sharply after a poll affirmed President Lula's lead and JPMorgan downgraded Brazilian stocks, reflecting mounting investor worry over fiscal health.
CSN Posts R$773 Million Quarterly Loss as Real’s Slide Exposes Massive Debt Risk
Brazil's steel and mining giant Companhia Siderúrgica Nacional reports a huge quarterly loss driven by currency costs, not operations.
Brazilian Real Plummets on Political Poll, Renewing Fiscal Health Concerns
Brazil’s currency hit a multi-week low against the dollar after a new poll showed President Lula maintaining a strong lead in the 2026 election.
Brazil’s 14.0% Interest Rate Lures Foreign Capital, But Lula’s Fiscal Risk Constrains Further Cuts
The Banco Central do Brasil’s high Selic rate attracts massive global 'carry trade,' strengthening the Real, yet the high rate is a defensive wall against fiscal uncertainty.
Natura &Co’s Profit Plummets 92.1% on Massive Financial Headwinds from Derivatives
Brazilian cosmetics giant Natura &Co (NATU3) posted a net profit of R$ 35 million in 2Q'26, missing consensus on higher financial costs related to derivatives and currency effects.
Brazilian Real Defies Dollar Strength as Weak US Jobs Data Boosts Carry Trade Appeal
The BRL held firm near R$5.09 against the USD after weak US employment figures, highlighting the currency's local resilience from exporter inflows.
Brazilian Real Slides Past R$5.13 Against Dollar as Oil Price Collapse and Political Risk Mount
A sharp drop in crude oil prices combined with renewed political uncertainty pushed the BRL to its weakest close since mid-July.
Political Risk Spikes on US Sanctions Threat, Driving Real to Lag All EM Currencies
The Brazilian Real was the worst-performing liquid currency against the dollar as US sanctions threats amplified political risk.
Persistent Financial Capital Flight Puts Pressure on Real Despite Robust Trade Surplus
Brazil's currency remains vulnerable as sustained financial outflows counter the strength of its US$42.4 billion trade surplus.
BRL Volatility Spikes Ahead of Expected Selic Cut to 14.00%
Currency traders eye the USD/BRL rate as the Central Bank is poised to make a 25 basis point cut to the benchmark Selic interest rate.
Brazilian Real Powers To Top Currency Spot In 2026 As 14.25% Selic Rate Fuels Carry Trade
The Brazilian Real (BRL) is one of the world's best-performing currencies in 2026, driven by a high 14.25% Selic rate.
Brazilian Real Reverses Loss, Firms to R$5.10 After Federal Reserve Holds Rates
The Brazilian Real appreciated 0.4% against the US Dollar after the Fed held rates, reinforcing the appeal of the high-yielding currency for the carry trade.
Brazilian Real Strengthens Past R$5.11 on Fed Rate Hold, Signaling Near-Term Ceiling for USD/BRL
The BRL appreciated after the US Federal Reserve held rates, weakening the US Dollar and increasing the appeal of Brazil's high-carry currency.
Brazilian Real Supported by Carry Trade Despite Cautious Easing of Selic Rate
The Brazilian Real holds at R$5.11 against the US Dollar, sustained by the high 14.25% Selic rate that supports a strong carry trade.
CriptoJud Expansion: Brazil Courts Ramp Up Crypto Seizures
Brazil's CNJ is expanding CriptoJud to automate cryptocurrency tracing and seizures, increasing compliance and legal risks for digital asset investors.