Macroeconomy/Finance

Crisis stopped Brazilians from trading $ 3.7 bn through credit cards

The crisis caused by the Covid-19 caused Brazilians to stop trading around R$ 20 billion ($ 3.7 bn) through credit cards in March, according to data from the Abecs. Brazilians moved R$ 148.6 billion ($ 27 bn) in March, an increase of 3.4% compared to the same period last year. It is the lowest growth seen for March since 2007.
Source: G1

Categories: Macroeconomy/Finance