The U.S. economy is showing stronger growth compared to China and Europe, attracting global investments as the dollar remains robust. In Brazil, however, market sentiment is negative, with asset prices reflecting concerns reminiscent of the Dilma Rousseff era. The Brazilian real is currently the weakest currency among the BRICS nations, facing a downward trend over the past year, five years, and fifteen years. This situation contrasts with discussions among BRICS nations about increasing trade in local currencies to reduce reliance on the U.S. dollar, with Brazil taking a prominent role in this initiative. On January 3, 2025, the dollar appreciated while the Ibovespa index fell, influenced by external market conditions and Brazil's public finances.
🚨 Is the dollar era fading? BRICS is going ALL IN on alternative payments in 2025 💸 Brazil is stepping up to lead the charge, pushing for trade in local currencies and cutting out the dollar. This isn’t just a plan – it’s a power move for the Global South 🌎 Russia kicked it…
De-dollarization? The Brazilian real is the weakest BRICS currency by far in a bad one-year, 5-year, and 15-year trend for all of them. Hard to see how they can become a threat to the US dollar anytime soon. I see more likelihood of a "re-yuanization" of the other four. via… https://t.co/tXG2ISU1WY
Dólar sobe e Bolsa cai, com cenário externo e contas públicas do Brasil em foco https://t.co/bayP7yogDg