November began with a notable stir in financial markets as the U.S. dollar reached R$ 5.871 ($1,029) by midday. This marked its highest rate since May 13, 2020, when it closed at R$ 5.901 ($1,035). Several factors contributed to this increase, including Brazil’s fiscal risks, disappointing U.S. employment data, and lower-than-expected U.S. manufacturing PMI figures. […]
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