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On the other end of the calculation are the currencies that managed to gain the most value in 2020. Among these are: the Chinese yuan (+2.44%), the Japanese Yen (+2.92%), the Euro (+4.35%) and the Swiss Franco (+4.90%). In times of crisis (like the case of the 2020 pandemic) the Dollar tends to appreciate against the currency of emerging countries, as investors opt for safety. But in the case of Brazil, other issues contributed to the dizzy fall in Real's value. In an interview with Gazeta do Povo, the chief economist of Banco Fibra, Cristiano Oliveira, commented that the market is worried about the Brazilian fiscal imbalance. Government keeps spending too much and irrationally. Obviously the pandemic has aggravated the problem, but according to Oliveira what makes the situation more complex is the lack of a solid plan to reduce spending and increase collections. The lowest interest rate in Brazil's history (2%) also facilitated the escape of investments. All of this should contribute to the decrease of the purchasing power of the average Brazilian. #uptrade #business #forextrade #investors #me