Brazil’s Ibovespa Rises, Dollar Dips Post-Selic Cut

In Brazil, the Ibovespa index on the B3 exchange surged, crossing 130,000 points in early trading on Thursday. This increase of 1.04% to 130,810 points around 10:43 AM Brasília time was largely due to expectations of reduced interest rates in Brazil and the U.S. Meanwhile, the dollar traded lower at R$ 4.89, marking a 0.56% […]

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