Analysis of the Behavior of BRL Exchange Rate
Since Brazil had a managed currency till 1999, we can see the exchange rate was steady from 1995 to 1998. Once the currency movement was left to the markets, the ups and downs are clearly visible. With the start of Global Financial Crisis in 2007, Brazil has suffered a great erosion in the market values of its companies. Bovespa, its currency and stock markethas lost […]