Today marks the 25th anniversary of the Brazilian Real. We will talk about how the Brazilian currency helped the country escape inflation, allowed wealth distribution, and gave the country some much-needed economic stability.
- Plus, pro-Bolsonaro demonstrators took to the streets to celebrate Justice Minister Sergio Moro—in demos that were much smaller than last month.
- And President Bolsonaro could fulfill a campaign promise to open up the Brazilian economy. Enjoy the read!
25 years of the Real, the Brazilian currency
The Brazilian Real began circulating on July 1, 1994—the 6th plan in less than ten years to tame inflation. From the...