Tag Archives: dollar
Strong real, weak dollar Posted by Transparent Language on Jul 23, 2008
This week, the dollar reached its lowest value against the real since 1999, at 1.580 reais to the dollar. As a result, Brazilians are flocking to other countries to spend money, where they get more bang for their buck. In particular, Brazilians are traveling to New York City, where they are the fastest growing group of tourists…