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l86rj t1_j3q658c wrote

In Brazil this was unfortunately just a minor "correction". 10 years ago 1 US dollar would get you less than 3 BRL. Now it's getting you more than 5. I wonder if this is just here or is the USD higher everywhere?

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jrm19941994 t1_j3qv85d wrote

USD has been relatively strong this year vs eurozone and asian currencies.

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l86rj t1_j3qx93z wrote

But nothing close to 2x stronger, I suppose. So, I don't know about other LatAm countries, but Brazil has nothing to celebrate in regards of currency.

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LordFaquaad t1_j3spvq1 wrote

It's due to the debt the country has partly due to the fifa world cup. It's the main reason they have that nationalist guy as president

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