Gold price, page-13182

Hi all, here's the latest list of the monthly average USD-BRL exchange rate for 2017. It gives a glimpse of how BDR might be faring in Q4 with the ongoing and vexed USD-BRL exchange loss.

In reviewing the monthly trend in the list, it seems like BDR may be enjoying the best exchange rates for the FY in this qtr. About time.

• Q1
• Jan 3.200504 – 31 days
• Feb 3.106244 – 28 days
• Mar 3.198489 – 31 days
• Q2
• Apr 3.140186 – 30 days
• May 3.203891 – 31 days
• Jun 3.293136 – 30 days
• Q3
• Jul 3.209531 – 31 days
• Aug 3.153681 – 31 days
• Sep 3.130287 – 30 days
• Q4
• Oct 3.186840 – 31 days
• Nov 3.263253 – 30 days
• Dec 3.263871 – 11 days (NB: at time of posting on HC, the published rate for 12 Dec is 3.3038 - per Bloomberg Markets)

(Source: http://www.x-rates.com/average/?from=USD&to=BRL&amount=1&year=2017)

I'm doubt that anyone can predict with much accuracy the long-term USD-BRL exchange rates. But the Economy Forecast Agency believes otherwise. For the curious amongst us, here's their forecast for 2018. Looking good too.

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	Month	Open	Low-High	Close	Mo,%	Total,%
1	2017
2	Dec[/B]	3.272	3.220-3.401	3.351	2.4%	2.4%
3	2018
4	Jan[/B]	3.351	3.347-3.449	3.398	1.4%	3.9%
5	Feb	3.398	3.349-3.451	3.400	0.1%	3.9%
6	Mar	3.400	3.400-3.555	3.502	3.0%	7.0%
7	Apr	3.502	3.466-3.572	3.519	0.5%	7.5%
8	May	3.519	3.490-3.596	3.543	0.7%	8.3%
9	Jun	3.543	3.385-3.543	3.437	-3.0%	5.0%
10	Jul	3.437	3.437-3.575	3.522	2.5%	7.6%
11	Aug	3.522	3.522-3.637	3.583	1.7%	9.5%
12	Sep	3.583	3.583-3.695	3.640	1.6%	11.2%
13	Oct	3.640	3.600-3.710	3.655	0.4%	11.7%
14	Nov	3.655	3.552-3.660	3.606	-1.3%	10.2%
15	Dec	3.606	3.446-3.606	3.498	-3.0%	6.9%

(Source: https://longforecast.com/brazilian-real-forecast-2017-2018-2019-2020-2021-usd-brl)

Cheers, R.