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	what caused the brazilian currency crisis
	December 1, 2003 ISSUE: What caused the Brazilian currency crisis? ANALYSIS: Many currency crises occurred throughout the 1990’s. The Brazilian currency crisis was speculated in the early 90’s but did not occur until 1999. The biggest difference between the Brazilian currency crisis and that of the other currency crises that occurred in the 1990’s is that the Brazilian currency crisis was the fastest to recover (Banking and currency crisis recovery: Brazil’s turnaround of 1999). The Brazilian currency crisis occurred due to an array of various economic problems. The three main reasons that the Brazilian real dropped in price in 1999 is because of inflation, poor fiscal policy, and poor exchange policy (The Brazilian currency crisis, 1999). Approximate Word count = 496 Approximate Pages = 2 (250 words per page double spaced)

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