SOLVED: At the beginning of the year, the exchange rate between the Brazilian real and the U.S. dollar was 2.2 reals per dollar. Over the year, Brazilian inflation was 12 percent and U.S. inflation was 4 percent. If purchasing power parity holds, at year-end the exchange rate should be approximately 2.3913 dollars per real.

Foreign Exchange Risk: What It Is and Hedging Against It, With Examples

Foreign Currency Exchange: Supply and Demand for Currency

The History of Brazil | From Prehistoric Times to Modern Brazil

Empire of Brazil – From Prosperity to Turmoil

The 16 dirtiest Brazilian films of the past 10 years - DMovies