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Igor

Brazilian Real (BRL) Definition

By Igor, in Trading Dictionary

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Igor    10

Igor
Posted

The Brazilian Real is the official currency of Brazil, given value by the nation’s central bank. The Real can be broken down into 100 centavos and can be symbolized as R$.Traders investing in the BRL currency hold an optimistic view of the country’s macro economic fundamentals and the value and allocation of the countries natural resources.Price levels are heavily influenced by inflation rates, and the low liquidity levels of this currency make it unavailable in many regions.

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