The Brazilian Real Is The Present Day Video
Brazilian Currency - R$ Brazilian Real (BRL) -Join: The Brazilian Real Is The Present Day
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The Brazilian real Portuguese : real , pl. It is subdivided into centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in As of April , the real is the nineteenth most traded currency in the world by value. The modern real Portuguese plural reais or English plural reals was introduced on 1 July , during the presidency of Itamar Franco , when Rubens Ricupero was the Minister of Finance as part of a broader plan to stabilize the Brazilian economy , known as the Plano Real. The reform included the demonetisation of the cruzeiro real and required a massive banknote replacement. At its introduction, the real was defined to be equal to 1 unidade real de valor URV, "real value unit" a non-circulating currency unit. At the same time the URV was defined to be worth 2, cruzeiros reais, which was the average exchange rate of the U.
The Brazilian Real Is The Present Day
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