Rio de Janeiro Reports

[BeenBob]

Yes Pestana hotel ocean front king suite, great room and so are these:

I knew that room looked familiar! I stayed there in 2017 probably was the exact same room if not on a different floor.

Great location.

[Steve 9696]

That might be so in the short-run. Generally though, currencies don't go one way forever.

If someone was considering buying Brazilian real estate, I would watch closely what happens with local real estate prices and watch the price in their home currency. There might be some great deals for foreign investors this year.

I must preface this by saying I do not know the Brazilian laws for foreign real state investment.

Who cares about investing! At 5 reals to the dollar rather than 4, the best girls in the world just became an even better bargain. Gives me the extra $$ I need to buy a full suit of PPE for when I meet them! LOL.

[WyattEarp]

Thinking that's a bad idea. The real is headed one way.

That might be so in the short-run. Generally though, currencies don't go one way forever.

If someone was considering buying Brazilian real estate, I would watch closely what happens with local real estate prices and watch the price in their home currency. There might be some great deals for foreign investors this year.

I must preface this by saying I do not know the Brazilian laws for foreign real state investment.

[Hobbying]

I hope you're right versus the so-called experts, at least some of them anyway, who hold the position that the dollar could be in real trouble. As for me, I don't care about how most other countries come through actually. I only care about the ones that I would want to travel to (that would be Brazil and Germany) and how the dollar holds up against the real and the euro.

On Reuters articles, BR economy minister said that BR economy will recover next year. Investment back said Real can go down another 20% with the economic outlook.

[Exec Talent]

Yes Pestana hotel ocean front king suite, great room and so are these:

Very, Nice.

[Rio Bob]

Was that picture taken at the Pestana?

Yes Pestana hotel ocean front king suite, great room and so are these:

[John Clayton]

...Thinking of buying currency now for a future trip. Thanks in advance.

Thinking that's a bad idea. The real is headed one way.

[BH Bound]

Anybody on the ground that can let us know what exchange rates are at atms or exchange brick and mortar places? Xe.com has 5. 2 reals to the dollar, but I know real exchange rates can vary from that. I found a place that does exchage at 4. 6 reals to the dollar. Thinking of buying currency now for a future trip. Thanks in advance.

[BeenBob]

I met this girl at mabs recently, great skills, I even complimented her on them in a swing club one night, she responded I'm a professional, LOL yeah right!

Was that picture taken at the Pestana?

[John Clayton]

... dollar holds up against the real...

I'm going to guess that the BRL is in trouble.

[The Cane]

Various things at work. But basically, it is a supply and demand thing. The US economy is perceived as "safe" by the rest of the world, so in troubled times, they want to buy into it. Also, the currency of oil exporting economies is being crushed by the low price of oil, e. g. , RUB, MXN, BRL. However, we also increased our money supply Friday, which caused the USD to decline vs non oil producing currencies, e. g. , EUR, JPY, GBP, even COP.

Exactly Mr. Clayton. And depending on what happens in the US with coronavirus and how it's handled, the US economy might not be perceived as being so "safe" anymore, at least for a long while, thus hurting the value of the dollar. Thus far, not too many are impressed with the American response. But, I think we can and will get it together!

[The Cane]

For the dollar to weaken it obviously has to weaken against other currencies. All countries' economies are taking a beating by the coronavirus. The US is better able to weather this storm than most other countries. The dollar is getting stronger and it appears that it will remain so.

I hope you're right versus the so-called experts, at least some of them anyway, who hold the position that the dollar could be in real trouble. As for me, I don't care about how most other countries come through actually. I only care about the ones that I would want to travel to (that would be Brazil and Germany) and how the dollar holds up against the real and the euro.

[John Clayton]

For the dollar to weaken it obviously has to weaken against other currencies. All countries' economies are taking a beating by the coronavirus. The US is better able to weather this storm than most other countries. The dollar is getting stronger and it appears that it will remain so.

Various things at work. But basically, it is a supply and demand thing. The US economy is perceived as "safe" by the rest of the world, so in troubled times, they want to buy into it. Also, the currency of oil exporting economies is being crushed by the low price of oil, e.g. , RUB, MXN, BRL. However, we also increased our money supply Friday, which caused the USD to decline vs non oil producing currencies, e.g. , EUR, JPY, GBP, even COP.

[Turgid]

I wouldn't be getting too excited about a strong dollar just yet. The dollar is the world's reserve currency, which is potentially a good thing during a crisis, but many economists are calling for the dollar to take a real beating soon under current conditions. There was already a lot of USA debt out there, and now the USA will be printing money to support the $2 trillion dollar stimulus package that was just passed, which many are saying won't be enough to prop up the American economy, and is just the start of what will be needed. Which would mean printing even more money, which in turn would thereby drive inflation, and severely weaken the dollar. Lots of governments are buying gold and selling USA treasury bills. Forget about hoping for a weak Brazilian Real. We Yanks better be praying for a continued strong greenback against other world currencies!

For the dollar to weaken it obviously has to weaken against other currencies. All countries' economies are taking a beating by the coronavirus. The US is better able to weather this storm than most other countries. The dollar is getting stronger and it appears that it will remain so.

[Mr Enternational]

Termas 4x4 was very inexpensive in 2002-2004 when the Real was weak. This was a time when usually my crew were the only foreigners in 4x4 when we went to Centro.

Exactly. Back then I would take 2 chicks at the same time for $75. That is why there is no way I could bring myself to go inside and spend over $100 for 1 girl these days. It is just not worth it for me.