The Brazilian reais' (BRL or R$) value was BRL 1.80 to 1.00 USD on Thursday January 24,

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The Brazilian reais' (BRL or R$) value was BRL 1.80 to 1.00 USD on Thursday January 24, 2008, then plunged in value to BRL 2.39 to 1.00 USd on January 26, 2009. What was the percentage change in its value?

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Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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