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Good news for Brazil visitors

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https://riotimesonline.com/brazil-news/brazil/u-s-dollar-will-remain-at-or-above-r4-for-a-while-longer-project-analysts/

 
 
 
U.S. Dollar Should Remain Near R$4 Through Year-end, Analysts Project

In the year to date, there was a net outflow from Brazil of almost US$9 billion, compared to an inflow of more than US$20 billion in the same period in 2018.

By
 Richard Mann
 -
October 1, 2019
 
 
 
 

RIO DE JANEIRO, BRAZIL - There is, among economists, the concept of fair value of an asset, but as well as tourists who postpone their travel plans abroad, most of these experts have not considered the new value of the dollar, around the R$4.15, to be right.

There are explanations of why the U.S. currency has gone up, and nothing indicates that it will fall anytime soon, to the disappointment of those who have planned to take vacations abroad.

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