Brazil's currency weakens amid government delays in announcing new fiscal measures

Biztoc.com - 11 November 2024

Brazil's currency weakens amid government delays in announcing new fiscal measures

Brazil's currency weakened on Monday as President Luiz Inacio Lula da Silva's administration postponed the release of long-awaited spending-containment measures, despite earlier signals of an imminent announcement. The real fell about 1% against the U.S. doll…

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