The favorable global environment for commodity exporters and the double-digit interest rates in Brazil, which already outpaces recent inflation figures, have provided much support for the Brazilian real since the beginning of the year. When assessing the terms of trade, in particular, it is possible that the real has room to appreciate further in the […]
The Brazilian organic food market grew 12% in 2021 and handled R$6.5 billion, estimates the Organic Food Promotion Association (Organis), which expected a 10% expansion. Growth in 2022 is again expected to reach 10%, in a conservative forecast, or range from 12% to 15%, in a more consistent demand scenario. The association head Cobi Cruz […]
Revolut, Europe’s most popular digital bank and always cited by analysts as one of the best in the world, is finally arriving in Brazil. Glauber Mota, a very seasoned executive partly responsible for creating BTG’s digital bank, will lead the local operation. The group has not revealed its projected user base in the country, but […]