The Brazilian real (BRL) sunk in value against the U.S. dollar in April amid a wave of political noise in the country. On 13 April, the real closed the day at 3.42 BRL per USD, which represented a 5.0% depreciation over the same day of the previous month and marked its lowest value since December 2016.
Economy & BusinessApril 24, 2018
Brazil: Real loses value amid turbulent political scene
By ankpartners