I think he is referring to Euro's??
One can fix the rate from sterling to euros, but no one fixes the rate to reais. So, what's the use? You're sitting there with euro's in your pocket instead of sterling. The real is continuing to fluctuate against the dollar, euro, pound, and pretty much the same percentage. To me, this "fixing" deal makes no sense whatsoever for a Brazilian investment. I certainly see where it would/could if one could "trade" the real AND "fix" against the real, but as previously stated, you can't.
Also, I have yet to see Jana respond and guarantee all of us that their funds will be sent in the name of the purchaser/investor and not from the name of her company!!! She has only said, "our transfers will get registered with Banco Central." Well, no big news there, ALL international payments to/from Brazil get registered with Banco Central, one couldn't send an international money transfer to/from Brazil and NOT have it registered with Banco Central if he tried!! As I stated above, the big question is, "In Who's Name Is the Payment Registered"?
And, for any and all, if ANYONE is asking you to pay them monies for a Brazilian property outside of Brazil, I don't care if it's your most trusted lawyer that you've known for 30 years, GET IT IN WRITING THAT THE FUNDS TRANSFERRED TO BRAZIL FOR YOUR PROPERTY WILL BE REGISTERED IN YOUR NAME WITH BANCO CENTRAL!!!
That way, if they arrive in Brazil registered in another's name beside your own, then YOUR money isn't "stuck" in Brazil, the person who's name is registered with Banco Central just bought a brazilian property, and is now legally liable to refund your monies and you can buy another one, this time sending it yourself!