Gaucho (currency) without any initial plans to establish a common currency. Later, in 1994, Brazil established the Brazilian real, still in use, putting an end to the frequent currency changes that took place in the country throughout the 1980s and the 1990s. On such panorama, the Gaucho plan has been virtually shelved. On 17 July 1987, in the city of Viedma (Río Negro, Argentina), President Raúl Alfonsín of Argentina and President José Sarney of Brazil signed Protocol Number 20 which stated the following: Considering: Viedma, 17 July 1987 Gaucho (currency) The Gaucho was the name of a currency intended to be used
National Congress of Brazil to eight-year terms, and Deputies are elected every four years. The numbering of the Legislatures is continuous, including the Legislatures of the imperial General Assembly and of the republican National Congress. The inauguration of a new composition of Chamber of Deputies for a four-year term of office marks the start of a new Legislature. National Congress of Brazil The National Congress of Brazil () is the legislative body of Brazil's federal government. Unlike the state Legislative Assemblies and Municipal Chambers, the Congress is bicameral, composed of the Federal Senate (the upper house) and the Chamber of Deputies (the lower house).