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 Seal of Brazil National Seal of Brazil The National Seal of Brazil is one of Brazil's national symbols, displayed on several official documents, such as graduation diplomas, consular and diplomatic papers, military conscription forms, etc. Most documents, however, feature the National Coat of Arms instead of the National Seal. The design of the National Seal is also represented on the reverse side of the "Great Seal of the Arms of the Federative Republic of Brazil" (that bears the image of the country's coat of arms on the obverse side), and is used by the Presidency of the Republic to authenticate solemn documents together