On October 27, 2023, Brazil’s main stock index, Ibovespa, declined due to President Lula hinting at a potential fiscal target challenge for 2024. This index decreased by 1.29% and ended at 113,301 points. Meanwhile, Brazil’s currency rate, the real, rose to R$ 5.01, showing a 0.46% increase. President Lula shared his doubts about a fiscal […]
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