Challenges of Investing in Brazil in 2024: A Mid-Year Analysis

As 2024 unfolded, the U.S. dollar gained significantly, rising 15.7% against the Brazilian real to reach 5.58 reais by mid-year. This rate hadn’t been seen since January 2022. On June’s final business day, it peaked at 5.59 reais in São Paulo’s bustling exchange market. This June, the currency’s increase was notable at 6.46%. Analysts point […]