Abstract
The real exchange rate, adjusted according to the inflação 1 in Brazil and in the United States, seeks to reflect the purchasing power of the national currency in relation to the US dollar, as well as the competitiveness of the country on the international market. A nominal exchange rate devalued in relation to the real exchange rate, such as was the case from the end of 1998 to the start of 2005, stimulates exports (Graph 6).
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- 1.
Index used by the Brazilian Central Bank (BACEN): INPC for Brazil and external IPCs for the United States.
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© 2011 Wageningen Academic Publishers
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Neves, M.F., Trombin, V.G., Lopes, F.F., Kalaki, R., Milan, P. (2011). Exchange rate. In: The orange juice business. Wageningen Academic Publishers, Wageningen. https://doi.org/10.3920/978-90-8686-739-4_8
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DOI: https://doi.org/10.3920/978-90-8686-739-4_8
Publisher Name: Wageningen Academic Publishers, Wageningen
Online ISBN: 978-90-8686-739-4
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