New notes were printed in the 1990s
Brazil is one of what we call the 'BRIC' countries, along with Russia, India and China. Many people believe these economies will play a big role in beating the global financial crisis.
These countries are attracting a lot of foreign investors. But is Brazil a good place to invest your money? Rob and Grace talk about making money and teach some business-related vocabulary.
This week's question:
What's the name of the Brazilian currency? Is it:
a) the Brazilian peso
b) the real
c) the guarani
Listen to the programme to find out the answer.
Listen
Brazilian economy
End of Section
Vocabulary
- notes
pieces of paper money
- at a crossroads
(here) at a point in time when it could do well, but a lot needs to change first
- anti-inflation
against inflation; inflation is the continuous increase in prices of goods and services
- to build on
to use success to do things and become even more successful
- interest rates
percentage a bank or company pays you when you give them your money, or the amount it charges you when you borrow from them
- profit
money you earn after you pay costs
- risky
dangerous; having the possibility of something bad happening
