Brazil's massive goods foreign trade is in US dollars but there are incipient deals in Euros and Reais

Wednesday, March 13th 2024 - 06:19 UTC

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Brazil's foreign trade in goods, some US$ 640bn annually is done mostly in US dollars, some 95%, but there are some inroads to other currencies such as the Euro and its own Brazilian Reais. These figure come from an annual report on trade operations’ currency statements compiled by Brazil’s Foreign Trade Secretariat of the Ministry of Development, Industry, Trade, and Services (Secex-MDIC), and revealed last week. Read full article

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Brasileiro
Great article. Well written and full of information. Congratulations!
Mar 13th, 2024 - 10:43 am - Link - Report abuse 0
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