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Brazilian Markets Tumble as U.S. Rate Decision Looms
Amid global economic tensions, Brazil’s main stock index, the Ibovespa, plunged by 1.12%, settling at 125,924 points. This downturn surpassed 1,400 points, marking April as the second consecutive month of declines, with a drop of 1.7% after March’s 0.71% dip. Concurrently, the Brazilian real depreciated as the dollar rose 1.5% to BRL 5.19, snapping its […]