economy minister paulo gedes Brazil loves to highlight the good side of the high dollar for tourism. This week, he said that the dollar at 5 nobles is good because humble families across Brazil are benefiting. “Because this rich family, in quotes, instead of going Disneyland employees and A lot of people are traveling through Brazil.” The minister says that due to this, tourism is developing strongly in the country. He didn’t mention about the United States and many other countries still ban Brazilians from entering because pandemic pandemic.
Last year, a month before the pandemic, Geddes was already saying the high dollar was good for tourism. That’s when he said the exchange wasn’t panicked, it had just turned the level and before that it was one hell of a party for the maids. “There’s no exchange business at R$1.80. Everyone going to Disneyland, the maids going to Disneyland, one hell of a party. Wait a minute. Take a walk there in Foz do Iguaçu, take a walk northeast there, this beautiful sea Full of shores … ”
That February, when Geddes talked about maids, the dollar was about 4.35 reais. Today it is about 5.25 princely states. He has also been in the band closest to 6.00 Rias, with the impact of the pandemic. Last week it was 4.90 riyas. It started growing again due to political risk and income tax reform project. On Thursday, 08, the Central Bank had to act to reduce the 5.30 reais.
