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
History of the Brazil national football team History of the Brazil national football team The history of the Brazil national football team began with the team's first international match in 1914, a 0–3 loss to Argentina. Brazil played in the first FIFA World Cup in 1930. The Brazil national team has been successful throughout its history, winning the FIFA World Cup five times since 1958. It is generally believed that the first game of the Brazil national football team was a 1914 match between a Rio de Janeiro and São Paulo select team and the English club Exeter City, held in Fluminense's stadium. Brazil won 2–0 with