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LouisDesyjr

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LouisDesyjr

Re: emiliosdad post# 1612

Monday, 09/28/2015 9:11:56 AM

Monday, September 28, 2015 9:11:56 AM

Post# of 1749
Real's devaluation

After more thinking, I realize what the problem with how I thought it would be.

I was thinking that for every one dollar effect would be offset by a decline in the expenses in Reals for the same amount, but then realize that it is not a 1:1 relationship; also the 'dollar effect' can go up by more than 100%, so that even if expenses drop to zero in Brazil Reals, the company is worse off.

A large enough devaluation of the Brazil Real could easily wipe out the company.

Louis J. Desy Jr.


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