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MarketsReportedMediumDeveloping
6.1

Brazilian real strengthens on Bolsonaro election odds; dollar ends September flat

The dollar fell sharply against the Brazilian real as investors weighed the possibility that Senator Flávio Bolsonaro could become more competitive in the presidential race, boosting the real. The move was amplified by month-end Ptax fixing volatility. The dollar still ended September roughly stable, indicating the drop was a reversal of recent gains rather than a new trend.

Valor Econômicoabout 8 hours agoBR, USCredibility 41%View source

Score Breakdown

Mosaic Score6.1
Model confidence0.5
Significance0.5
Source credibility0.4

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