How Low Could the Brazilian Real Go?

What event triggered the recent drop in the Brazilian real?

• A change in central bank policy

• The reelection of President Dilma Rousseff

• A natural disaster

• An increase in oil prices

What is the predicted exchange rate of the real to the dollar if no policy changes are made?

• 3.50

• 2.52

• 3.00

• 2.00

Which factor is NOT mentioned as potentially affecting the Brazilian real?

• Inflation above target range

• Recession in the economy

• Corruption allegations at Petrobras

• Increase in tourism

What could help the real appreciate to 2.35 per dollar in six months?

• Increasing interest rates

• A decrease in global oil prices

• Reducing exports

• Adopting a market-friendly stance and appointing a pragmatic economic team

By how much has the real fallen since September 1st?

• 7%

• 5%

• 11%

• 9%