Brazil’s currency drops to weakest level yet 4 as Lula’s fiscal measures debated

Financial Post - December 18, 2024

Brazil’s currency drops to weakest level yet 4 as Lula’s fiscal measures debated

SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inacio Lula da Silva’s efforts to rein in government spending. A bill ba…

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Brazil’s currency drops to weakest level yet 4 as Lula’s fiscal measures debated

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