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7.3
Ibovespa Surges to 5-Month High on Bolsonaro Election Odds
Valor Econômico·BR·1 day ago
A total breach of secrecy in the Banco Master investigation triggered a local market selloff, with the Ibovespa dropping 0.93% to daily lows and the dollar accelerating gains against the real. The event adds to domestic political/regulatory uncertainty, while international markets show a brief respite. The breach suggests potential escalation in the probe, pressuring local assets.
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