Importers adopt local currency in Brazil SAO PAULO — In less than one month, three major car importers have announced that their sticker prices will now be made in the local currency, the real, rather than the U.S. dollar. The exchange crisis in January resulted in the real falling 60% to the dollar, but the currency since has risen back to only 38% below the dollar. Such fluctuations have reduced imported car sales drastically and forced dealers and car owners to fight in court over ...

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