Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: citizen
Headline: Brazil and Argentina will soon announce preparations to create a common currency

No incentive for Brazil to do this. It will just water down their currency.

Right now $1 = about 5.20 BRL (Brazilian Real) and about 183 ARS (Argentine Peso)

In US Dollar terms, the Brazilian Real is about 90 times stronger than the Argentine Peso.

8 posted on 01/22/2023 8:07:43 AM PST by American Infidel (Instead of vilifying success, try to emulate it)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: American Infidel

Sorry. BRL is about 36 times stronger than ARS, not 90.


9 posted on 01/22/2023 8:08:54 AM PST by American Infidel (Instead of vilifying success, try to emulate it)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: American Infidel

I see. Well, perhaps this “effort” is no more than a publicity notice. Or, if intended as a serious negotiation, Brazil would recieve other considerations.


14 posted on 01/22/2023 10:57:42 AM PST by citizen (Our Constitution was made only for a moral and religious people - John Adams 1798)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson