Brazil’s Credit Rating Boost Strengthens Real Amid Global Tensions

Brazil’s currency gained strength against the dollar on Wednesday, defying global trends. The real rise came after Moody’s unexpectedly upgraded Brazil’s credit rating. This positive development occurred despite escalating tensions in the Middle East and strong U.S. employment data. The dollar closed at R$ 5.444, down 0.36% against the real. This movement contrasted with the […]

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