BRL Exchange Rate
BRL Exchange Rate
by Robin Brooks
"Wow! The Brazilian Real USD/BRL exchange rate is back to the 4.91 low of June 2021. Back then, the rally came as markets focused on the big disconnect between sky-high commodity prices and a very weak Real. It's the same now, only super-charged. Our fair value remains $/BRL 4.50..."
Wow! The Brazilian Real $/BRL exchange rate is back to the 4.91 low of June 2021. Back then, the rally came as markets focused on the big disconnect between sky-high commodity prices and a very weak Real. It's the same now, only super-charged. Our fair value remains $/BRL 4.50... pic.twitter.com/hRfVA7ONM2
— Robin Brooks (@RobinBrooksIIF) March 22, 2022