Business
Dollar falls 0.9% as Lula re‑elected, Brazilian markets react
The Brazilian real weakened 0.9% and the Ibovespa rose 0.47% on the day before the runoff, after President Lula’s re‑election was confirmed.
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What to know
- Dollar fell 0.9% to R$ 4.9930 on the last trading day before the runoff.
- Ibovespa increased 0.47% to 205,083 points the same day.
- EWZ fell 19% in after‑hours trading after Lula’s victory.
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