The Dollar Is Fired Against the Real One in Brazil After Lula’s Triumph: He Recorded His Biggest Jump Since 1999
22 Articles
22 Articles
The dollar in sight recorded significant appreciation this Monday, ending the day with the highest against the real since January 1999. The movement reflected the frustration of the market agents with the re-election of President Luiz Inácio Lula da Silva (PT). Most of the market was positioned for the victory of Flávio Bolsonaro and projecting a fiscal adjustment with the current senator's possible term as president. In addition to the investor…
The financial markets reacted, on Monday, to the unexpected victory of President Lula in the Sunday elections against Senator Flávio Bolsonaro, the right-wing candidate preferred by most analysts. The dollar closed the day high by 8.2%, at R$ 5.40, and the Stock Exchange fell 13.88%, at 176.608 points, in the biggest daily devaluation [...] The post Dollar to R$ 5.40, Stock Exchange collapses 13.8%; BC and Treasury act appeared first in Tribuna …
Luis Ignacio “Lula” da Silva won the Brazilian elections by imposing himself on the ballot against Flávio Bolsonaro and thus obtaining his fourth presidential electoral victory. Markets reacted: Brazilian actions recorded strong falls and the real depreciated against the dollar. A situation that, if consolidated, will directly influence the giant’s trade [...]
Currency advanced 9.2% by Ptax on Monday (26.out) with the re-election of Lula; years marked by crises, 1999 and 2008 concentrated higher
The Brazilian financial market recorded strong turbulence on Monday (26) after the re-election of President Luiz Inácio Lula da Silva [...]
Brazilian and royal actions sank this Monday after the unexpected re-election of President Luiz Inácio Lula da Silva
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