Brazil's BRICS presidency won't push for common currency Agenda would ease global payments, reduce dollar reliance July BRICS summit to discuss cross-border payment systems BRASILIA, Feb 13 ...

Adding to the central bank's challenge, Brazil's currency slipped to a record low last month on concerns about growing public debt, punctuated by turmoil in financial markets after the government ...

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 ...

In the days before the meltdown, Brazil's central bank had repeatedly intervened in local currency markets to stem the slide but largely failed to stop the bleeding. Economists now say the ...

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 ...

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 ...

SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz ...

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 ...

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 ...

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 ...

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 ...