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Basically the Real is not restricted in the US. On the other hand, there are restrictions in Brazil which make it more difficult to move funds into and out of the country.

Brazil's economy is very sensitive to currency appreciation and depreciation (a rise or fall in the Real with respect to US Dollars). As a result the Brazilian Central Bank takes great interest in movements of foreign money (in particular the highly liquid US dollar) into and out of the country.

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Q: Why is Brazilian real a restricted currency in the US?
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