US EditionBrazilian Real Stabilizes Near 5.64 as Central Bank Chief Opposes Tax Changes
Summary by The Rio Times
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Brazilian Real Stabilizes Near 5.64 as Central Bank Chief Opposes Tax Changes
Trading data from Friday evening shows the Brazilian real stabilized against the dollar at 5.6463 after volatile sessions triggered by domestic tax policy uncertainty and global currency shifts. The USD/BRL pair closed Friday at 5.6470, marking a 0.25% decline from Thursday’s levels. Technical indicators reveal the currency pair remains trapped within a critical resistance zone […]
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