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Name | Symbol | Market | Type |
---|---|---|---|
United States Dollar vs Brazilian Real | FX:USDBRL | Forex | Exchange Rate |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0365 | -0.66% | 5.4569 | 5.4554 | 5.4584 | 5.5021 | 5.4479 | 5.4934 | 0 | 23:08:46 |
The Brazilian real advanced against the U.S. dollar in European deals on Monday, as investors took some comfort from a stable yuan, after the People's Bank of China announced new measures to curb offshore speculation in the currency.
The Chinese central bank announced that it will raise the reserve requirement ratio on yuan deposits of offshore banks from January 25, to contain the downward pressure on yuan and manage cross border fund flows.
The Brazilian real reached as high as 4.0153 per dollar, compared to 4.0535 hit late New York Friday. The next resistance level for the Brazilian currency may be located around the 3.8 zone.
1 Year US Dollar vs BRL Chart |
1 Month US Dollar vs BRL Chart |
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