The North American currency rose 1.21% this Thursday and ended the day at BRL 4.196, the highest nominal value since the launch of Plano Real, in 1994.
Author: Agência Brasil
According to the Brazilian Institute of Geography and Statistics (IBGE), Brazil produced 238.4 million tons of cereals, legumes and oil seeds, a 28% hike over the previous year.
The country sent 7.72 million cattle to slaughter in the second quarter of this year, a 4% hike in volume over the same period of 2017.
The United States currency gained 1.48% this Tuesday after sliding for three straight trading days.
The Brazilian Institute of Geography and Statistics (IBGE) sees 225.8 million tons being harvested in the country this year, down 0.4% from July’s estimate and 6.2% from 2017 crop numbers.
Financial institutions predicted a 1.40% growth for the Brazilian economy this year, below last week’s forecast.
The North American currency dropped 0.95% this Thursday. However, in the week, it has gone up 0.78%.
The Gross Fixed Capital Formation (GFCF) IPEA indicator fell over June, but went up over the same month of 2017
The Extended National Consumer Price Index (IPCA) dropped 0.09% last month.
The decline was in comparison to June, after a 12.9% surge.
The North American currency ended this Monday at BRL 4.152.
The climb was registered in July over June, with 1.82 million barrels of oil equivalent per day.
In a survey by the Brazilian Central Bank (BC), financial institutions revised down their forecast for the expansion of the Brazilian economy in 2018, from 1.47% to 1.44%.
Federal, states and local governments in Brazil had deficits in July, but they were much narrower than in July 2017.
