Brazil Daily

How the coronavirus infected Brazil’s currency

? Brazil's currency woes. ? 37% of the country says their life improved under Bolsonaro. ? And tax collection finally goes up in Brazil.

Today, we talk about how the coronavirus infected Brazil’s currency. A sizable portion of the country says their life improved under Bolsonaro. And tax collection finally goes up in Brazil.

Failed coronavirus response caused Brazilian currency crash

The U.S. Dollar is approaching its lowest level in 27 months, with many in Wall Street swarming with bearish forecasts for the greenback. But not even that has helped the Brazilian Real to gain any ground. As a matter of fact, the Brazilian currency is the worst-performing in the world this year, having lost around 40 percent against the USD since January.

...
Access all of The Brazilian Report
Start your 7-day free trial.
Free trial