Brazil Daily

A weak currency spells trouble for Brazilian companies

Good morning!  We’re covering today how a weaker currency harms Brazilian companies. The government’s new land regulations. And a football-fueled controversy in Brazil’s anti-corruption court. (This newsletter is for platinum subscribers only. Become one now!)

Weaker currency balloons debts of Brazilian companies

Over the past five weeks, the Brazilian Real lost nearly 4 percent against the U.S. Dollar. When currency devaluation happens, press coverage tends to focus on the effects on agricultural exports, or how everyday prices will hike. But another element is crucial to understanding the true impact of currency fluctuation in the Brazilian economy: over the past...

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