Originally Posted by Hawaiino
they have been hammered between an imploding economy and a devaluation that has more than doubled their cost for my product, effectively ending my sales to them.
What devaluation you mean? In March the rate was 1 USD=4 BRL, now despite all the turmoil, presidential impeachment, petrobras corruption, the rate is 1 USD = 3.20 BRL.
An unbelievable mystery of the world.
The real is stronger by 20% and so is cheaper all the imports coming to Brazil.
We, visitors to Brazil, suffer too, having to pay 20% more in the already expensive country.