Real is the currency in Brazil nowadays. After successive monetary exchanges (réis, cruzeiro, cruzeiro novo, cruzado, cruzado novo and again cruzeiro and cruzeiro real), Brazil adopted the Real in 1994, which, combined with the drastic fall in inflation rates, constituted a stable currency for the country . It was implemented under President Itamar Franco, under the command of then finance minister, Fernando Henrique Cardoso, then elected president.
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