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 ...

Much of this week’s downward move was inspired by new electoral polls, which showed strong support for imprisoned ex president Lula da Silva The Brazilian currency Real fell to a 31-month low ...

The Brazilian currency had appreciated almost 10% against the greenback in the first two months of the year, and Rousseff and Mantega loudly and repeatedly announced their desire to protect the ...

Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, four government officials said, but its agenda may pave the way for less ...