The Brazilian real holds the ignominious title of worst-performing major currency in 2024, down by more than 20%. The selloff has eased somewhat recently but Brazil's fiscal woes still have ...

RIO DE JANEIRO (AP) — A proposal floated by the leaders of Brazil and Argentina to launch a common currency is being met with deep skepticism by analysts, who say neither country is positioned ...

Brazil looks to digital currency to broaden financial inclusion. The DREX project increases the digitalization of the financial services ecosystem.

In 12 months, the local currency is forecast to change hands near its value on Tuesday of 5.64 per dollar, losing only 1.9% to 5.75, according to the median estimate of 27 foreign exchange ...

Reuters. FILE PHOTO: Brazil's President Luiz Inacio Lula da Silva speaks during the arrival of Brazilian citizens from Lebanon, in Guarulhos, Brazil, October 6, 2024.

In an ambitious leap towards digital finance, Brazil's Central Bank set plans in motion to test its central bank digital currency (CBDC) platform, known as the digital real.

Brazil's presidential frontrunner Luiz Inacio Lula da Silva, ... Brazil's Lula says he doesn't want to touch money from foreign currency reserves. By Reuters. July 27, 2022 2:32 PM UTC Updated ...