The Brazilian financial landscape experienced a tumultuous week ending October 11, 2024. The US dollar climbed to R$5.61 ($1), accumulating a notable 2.92% gain over the week. Meanwhile, the Ibovespa stock index retreated, reflecting growing investor unease about Brazil’s fiscal outlook. On Friday, the US dollar closed at R$5.6156, marking a 0.55% increase for the […]
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