Dollar Soars to New Heights: Brazil’s Currency Faces Unprecedented Pressure

The Brazilian real plummeted to historic lows against the US dollar, marking a significant shift in the country’s economic landscape. On Thursday, the spot dollar reached an all-time high, breaching the psychological barrier of 6 reais. This marks the second consecutive day of record-breaking closings for the American currency. The dollar closed at 5.9895 reais, […]