The Brazilian Real
We are trying not to think too much about the state of the Brazilian Real. Currently there are 3.6 or 3.7 reais to the pound. Unfortunately - buying a car means that we have some money invested here. As always in Brazil - you never know from one month to the next whether your money is going to be worth anything. We could come out of it quite well. On the other hand we could lose it all!
However, it's nothing like as bad as when we lived here in the 70s - when inflation was about 3000% - yes really!
We are trying not to think too much about the state of the Brazilian Real. Currently there are 3.6 or 3.7 reais to the pound. Unfortunately - buying a car means that we have some money invested here. As always in Brazil - you never know from one month to the next whether your money is going to be worth anything. We could come out of it quite well. On the other hand we could lose it all!
However, it's nothing like as bad as when we lived here in the 70s - when inflation was about 3000% - yes really!
posted by Jenny Mackness at 2:57 PM
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