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THE BRAZILIAN real holds an ignominious title this year: it is the worst-performing major currency, down by more than 20% to a record low of almost 6.3 to the dollar. The situation has grown even uglier over the past week, with the sell-off accelerating despite several interventions by the central bank.
This article appeared in the Finance & economics section of the print edition under the headline “The market revolts”
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And what has it done to their economies?
The perils of reshoring
South-East Asia is exposed to both Chinese import competition and American ire
With the dollar faltering, European policymakers have an opportunity
Even though they normally like a weaker greenback
As the Trump administration may soon find out
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Why Brazil’s currency is plunging – The Economist
