Brazilian Real (BRL)

News: Brazilian Real

• Major Currencies Steady Before Jobs Data - Inside Fidelity (3 September 2010, 9:18 am)
• Kokusai Buys Record World Bank Debt in Push for Yield - BusinessWeek (3 September 2010, 2:23 am)
• Choppy Week for Emerging Market Currencies - Inside Fidelity (2 September 2010, 7:42 pm)

Reports & Events: Brazilian Real

• Entrevista coletiva do presidente do BC sobre o resultado do PIB (com gráficos) (3 September 2010, 7:30 pm)
• Comentário do presidente do BC sobre o resultado do PIB (3 September 2010, 5:15 pm)
• Copom mantém taxa Selic em 10,75% ao ano (1 September 2010, 11:38 pm)

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About the Brazilian Real

The Brazilian “real” (plural: reais) is the official currency used in the country of Brazil. Its official currency code (ISO) is “BRL” and it is symbolized by “R$”. The primary denominations include 5, 10, 25 centavos coins; 1 real coins (1 real = 100 centavos); and 2, 5, 10, 20, 50, and 100 real paper bank notes. In Brazil, decimal numbers are denoted using a comma (e.g. 1,50). The real has a floated exchange rate and its value is often seen as being dependent on commodity prices (Brazil’s largest export).

Central Bank: Central Bank of Brazil