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Brazilian Real Hits 5.79: Why Brazil’s Currency Can’t Keep Up

As the markets closed on Friday, November 15, 2024, the USD/BRL exchange rate settled at 5.79554, marking a modest increase of 0.23% from the previous day’s close. This subtle shift belies the complex economic forces at play between the world’s largest economy and Latin America’s biggest player. The year 2024 has seen the US Dollar […]

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