Latest news and stories about currency exchange in Portugal for expats and residents.
The euro fell again today, remaining at the 1.17 dollar level, at a time when uncertainty persists regarding negotiations between the US and Iran.
For Brazilians living in Portugal, the current exchange rate makes it more favourable to transfer funds from Brazil. With the euro at its lowest level against the real since June 2024, each transfer yields more in conversion, despite international transfer fees. This trend is driven by Brazil's high interest rates and strong export performance, which have attracted foreign capital and boosted the real.
The euro rose again today for the sixth consecutive session, approaching the 1.18 dollar mark, on a day when the IMF reduced growth forecasts, but with renewed hopes for a peace agreement.
Following the failure of this weekend's negotiations in Pakistan, which aimed to end the war against Iran, the negative consequences for the global economy continue to worsen.
The euro rose against the dollar today to 1.17 dollars, at a time marked by uncertainty surrounding the future of the temporary ceasefire agreed upon by Iran and the United States and the reopening of the Strait of Hormuz.
The euro rose against the pound and the yen.
The single currency fell against the pound and the yen.
