- The latest Focus survey indicates a dollar at BRL 5.25 at the end of 2020;
- Even with a weaker dollar, Brazil lost the chance to gain ground.
Among the 33 most traded currencies in the world, the Brazilian real (BRL) was among the eight that lost the chance to ride the wave of a weaker dollar between July and September – the US currency ended the quarter with a 3.28% appreciation in Brazil, according to Valor Econômico. And with that, the real remains the worst currency of 2020, says the media outlet.
In 2020, the dollar rises 40.11% against the Brazilian currency, a much more intense increase than that registered against the second place, the Turkish lira (+ 29.80%). The latest Focus survey indicates a dollar at BRL 5.25 at the end of 2020.