After much research i have found that brazils exchange rate, Ask an Expert

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After much research, I have found that Brazils Exchange Rate to the USD has increased and decreased throughout this year however, it has always maintained APPRECIATION while the USD has been DEPRECIATED. I observed that the BR (Brazilian Real) was at its peak in exchange rate during the first quarter of the year 2016 at a rate of 4.0 to every USD. However, they did see a decrease in exchange rate during the fall months of 2016 putting the exchange rate at 3.14 BR to each USD, currently the exchange rate is 3.32 BR to the USD. As stated above Brazil still has a higher exchange rate for the USD. This is prof as to why the US is responsible for 12% of Brazils exports. This means that 12% of exports go to the US from Brazil. The main exports from brazil to various other countries including the United States include: transport equipment, iron ore, soybeans, footwear, coffee, automobiles. I feel that the United States main exports to Brazil may be oil, cars, and sugar.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92203459

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