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(Fake images)
The Chamber of Deputies approved the basic text of the bill that establishes new rules for the exchange market in Brazil. Sent by the Executive in 2019, it establishes the bases to facilitate the remittances of dollars between Brazil and other countries. The text opens the way for individuals to have accounts in foreign currency in Brazil.
To unblock the votes, the deputies agreed to postpone the analysis of the “highlights”, suggestions that may change the matter, until 2021. The proposal was made by the president of the Chamber, Rodrigo Maia (DEM-RJ). According to him, it would not matter to conclude the vote, since there is no Senate session scheduled before the parliamentary recess, which begins tomorrow 23.
According to the Central Bank, the measure will establish a new, more modern, more concise and legally secure legal framework for the foreign exchange and capital market in Brazil and Brazilians abroad.
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