VET Ranking

Provides a list of the average VET practiced by institutions authorized by the Central Bank to operate in the foreign exchange Market in the reference month, as of May 2013. Total Effective Value (VET) represents the cost of a foreign exchange operation in reals per unit of foreign currency, considering the exchange rate, taxes and tariffs eventually charged. It should be noted that the values in this ranking refer to the past. The institutions are not obliged to practice the values presented here.