Currency War of 2009–11 dollar, with Goldman Sachs saying the real is the most over valued currency in the world. In October 2010, Brazil began increasing her capital controls, doubling a tax on foreign purchases of fixed-income assets to 4 percent so as to curb the real's appreciation to a two-year. On 18 October, Brazil sought to curb the real's gains by raising taxed capital inflow on fixed-income assets by 2% to 6% and taxed inflows for margin deposits on futures to 6% from 0.38%. Chile said it would implement capital controls to curb gains in the Chilean peso, which had strengthened the most
National Congress of Brazil Chamber of Deputies and the Senate were created by Brazil's first Constitution, the Constitution of the Empire of Brazil, adopted in 1824. The previous Constituent and Legislative Assembly of the Empire of Brazil, a unicameral National Assembly, that was convened in 1823 and that was dissolved by Emperor Pedro I before adopting a Constitution is not counted among the Legislatures. Thus, the numbering includes only the bicameral Legislatures that existed from 1826 to the present day, and includes only Legislatures elected after the adoption of the first Brazilian Constitution. In the imperial era, the national legislature was named "General Assembly".