Business Brazil

The currency used in Brazil is called the Real (R$) and the foreign exchange rate is published daily in the newspapers and other specialized sites. Foreign exchange can be handled in banks, travel agencies and authorized hotels. Travelers’ checks as well as currencies are easily exchanged at these locations. International credit cards are accepted at most hotels, restaurants, stores, travel agencies, car rental companies and other companies that render services to tourists. A floating exchange rate is used. The Brazilian currency has remained reasonably stable.