The bank has bought dollars in the spot foreign exchange market every session since May 8 in a bid to soak up a flood of greenbacks to Brazil and ease the Real appreciation. The currency has ...

Brazil’s BRICS presidency this year will not push for a shared currency but will focus on easing international payments and reducing reliance on the U.S. dollar in global trade, according to ...

BRASILIA (Reuters) - Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, four government officials said, but its agenda ...

Investing.com -- The central bank of Brazil revealed on Wednesday that the pilot project for its digital currency, Drex, has been more technologically challenging than anticipated, necessitating ...

The currency reversed earlier losses and ended ... Price action “is telling us that Brazil’s leadership probably needs to deal with the market’s financial concerns sooner rather than later ...

BRASILIA (Reuters) - Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, four government officials said, but its agenda may ...

Investing.com -- The central bank of Brazil revealed on Wednesday that the pilot project for its digital currency, Drex, has been more technologically challenging than anticipated, necessitating ...