Question:

Will the dollar continue to drop in Basil, or go back up?

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Right now the dollar is about 1.9, down from last year. Will the dollar go back up? Some friends of mine keep talking about how it almost at 4 some time back. What is the best time of year to convert your dollars to Real, is there one?

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4 ANSWERS


  1. George Bush spending like Jimmy Carter. The dollar will become weaker at least until 2009. Then who knows. It maybe like the old Australs of Argentina and Cruzados and Cruceros

      The Euro and Yen and the Yuan will be the strength of the world economy


  2. as some specialists dollar will only come back to more cost 2,0 Reals or in the year that come, close to as the semester.

  3. Visit some investment sites that specialise in trading currency.

    You can find the best times to trade in your currency based on their projections.

  4. I was in Brazil in August, 2002 when it hit 4:1 during the day.  There is no best time of year.  It is unlikely that it will go much higher, but I inagine 1.80 is possible.  i was shocked when it got above 2.40 last year.  I have to believe it will be between 2.0 and 2.1 some time by december.  I have 300 reais I bough t at 2.20, i thought I'd lose money.  I made a bit funnil enough

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