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BRLARS

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    266.1608$
  • Previous Close
    266.1596$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BRLARS.FOREX is a financial product symbol typically representing the Brazilian Real (BRL) to Argentinian Peso (ARS) exchange rate in the foreign exchange (forex) market. It indicates the price of one currency relative to the other, specifically how many Argentinian Pesos are needed to purchase one Brazilian Real. The forex market allows participants to trade these currency pairs, speculating on or hedging against fluctuations in their relative values. Due to the volatility and economic factors specific to Brazil and Argentina, this pair can be influenced by interest rate differentials, political events, trade balances, and overall economic performance of both countries. Trading BRLARS.FOREX carries inherent risks associated with emerging market currencies.
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Factors

Economic Conditions: Brazil's economic growth, inflation, and unemployment influence investor confidence and currency demand.

Interest Rates: Brazil's central bank's interest rate decisions affect the attractiveness of Brazilian assets to foreign investors.

Political Stability: Political uncertainty in Brazil can negatively impact the BRL's value.

Commodity Prices: Brazil's major exports are commodities; changes in commodity prices affect its trade balance.

Global Risk Appetite: Investor sentiment towards emerging markets influences capital flows and the BRL.

Argentine Economy: Argentina's economic health has regional effects on BRL, due to trading relations.

Dollar Strength: A strong US dollar can weaken the BRL against the ARS due to relative value.

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