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FROM MERCOPRESS

Brazil's Real depreciating against the US dollar, but inflation remains below target

1 day 1 hour ago

Brazil’s Real is sliding toward an all-time low against the U.S. dollar, but the central bank appears in no rush to intervene to slow or even reverse the fall. Despite the Real’s historical weakness, the market is functioning smoothly: depreciation, so far, has been fairly orderly, volatility is low, liquidity has not dried up, and the Real is not the only emerging market currency under pressure.

Bolsonaro: Brazil trades with all the world and will stay out of the US/China dispute

6 days 1 hour ago

Brazil will not get involved in a trade war, President Jair Bolsonaro said on Thursday, after US-foes China and Russia criticized growing protectionism as the global economy slows. Bolsonaro, who has been walking a diplomatic tightrope at the BRICS summit in Brazil this week as he seeks to strengthen ties with China without upsetting key ally Donald Trump, said Brazil “trades with the entire world.”

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3 minutes 27 seconds ago
FROM MERCOPRESS
South Atlantic News Agency