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BRL

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

BRL.FOREX refers to the Brazilian Real's exchange rate against other currencies in the foreign exchange market. It represents the price at which one currency can be exchanged for the Brazilian Real. Trading BRL.FOREX involves speculating on the fluctuations in the value of the Real relative to currencies like the US Dollar (USD/BRL), Euro (EUR/BRL), or other major currencies, with the goal of profiting from these movements. The value is influenced by factors affecting Brazil's economy, such as interest rates, inflation, political stability, and global market conditions.
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Factors

Interest Rates: Higher rates attract foreign investment, boosting BRL.

Inflation: High inflation weakens BRL's purchasing power.

Economic Growth: Strong growth signals stability, supporting BRL.

Political Stability: Political turmoil can deter investors, hurting BRL.

Commodity Prices: Brazil exports commodities; higher prices benefit BRL.

Global Risk Sentiment: Risk aversion strengthens USD, weakening BRL.

Central Bank Intervention: BCB can buy/sell BRL to influence its value.

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