Since February, XP’s wholesale banking brand has conducted transactions between Brazil and the UAE using only real and dirham, negating the need for US dollar brokerage.
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Ebury started operating with a team in Brazil five months ago, and it works with specialty solutions for small- and medium-sized enterprises. Its operations include invoices from foreign clients and customized foreign exchange rate risk management strategies.
US currency ended this Thursday at BRL 4.19, up 0.15% day on day.
