This in just two years, imagine at the end of the term. Every man for himself! #FazoL

🚨 BREAKING: Brazil 🇧🇷

The Brazilian real is about to record its lowest closing in history against the US dollar 💵. With the exchange rate under pressure, the market is turning its attention to the potential impact of the BRICS agreements and possible changes in global trade.

💡 Why is this important?

A historic devaluation of the real could directly impact the prices of imported goods, inflation and the purchasing power of the Brazilian population. In addition, the weakening of the currency could affect Brazil's attractiveness to foreign investors.

🔮 What to expect next?

With the dollar on the rise, Brazil's exchange rate and economic policy should come into focus. The role of the BRICS in creating alternatives to dependence on the dollar could gain even more prominence in the coming months.
#Economy#Brazil#Exchange#FinancialMarket#Investments#BRICS#Real#Dollar #Inflation