The recent high dollar in Brazil has been one of the most talked about topics not only in Brazil, but also in the international press. Newspapers such as El País, BBC News, Deutsche Welle, Financial Times, The Wall Street Journal e Reuters point out the causes and consequences of this scenario that directly impacts the Brazilian economy and global investment relations.
What's happening to the real?
O El País highlighted that the Brazilian real depreciated 21,82% in 2024, becoming the worst-performing currency among emerging countries. Among the main reasons are the market's distrust in the government's fiscal management and persistent inflation. In addition, the interventions of the Central Bank of Brazil were not enough to contain the devaluation.
In the same vein, the BBC News pointed out that the high dollar makes imported products more expensive, puts pressure on inflation and affects investments. In addition, political and economic instability contribute to an environment of uncertainty.
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Global impacts and external factors
For Deutsche Welle, the strengthening of the dollar is a reflection of a global trend. Maintaining high interest rates in the United States attracts investors, further strengthening the American currency. This global movement ends up having a severe impact economies like Brazil.
Fiscal adjustments and international concern
O Financial Times reported that the real reached a historic low, rising from 6 reais to the dollar. The newspaper highlights that, even with a government plan to save R$70 billion, markets remain skeptical. Business leaders are also concerned about government spending that is fueling inflation and increasing public debt.
In turn, the The Wall Street Journal highlighted that market pressure forced the government to adopt austerity measures, cutting social spending and reducing the impact on the budget. This situation, however, has generated even more uncertainty as for politics economic of the country.
Reflections on the commodities market
A Reuters highlighted that the high dollar It also impacts the oil market, making the product more expensive for holders of other currencies. This ends up reducing global economic growth and, consequently, the demand for energy.
A high dollar in Brazil is not an isolated event, but a reflection of a global context and internal challenges. While investors await greater economic stability and clarity in fiscal policies, the impact of this devaluation of the real will be felt in various sectors. The question remains: how will Brazil overcome this crisis and regain international confidence in its markets?
As long as Congress is contaminated by right-wing ****, it will be difficult to govern Brazil!
Don't shift the blame lol
We have to do a clean-up, in the next election, Right wing never again!!!!
It's the fault of the 9-fingered **** and his gang
Are you sure you meant RIGHT?