Dollar Falls 4.35% Weekly, Ibovespa Posts 30-Year High

The U.S. dollar depreciated 4.35% against the Brazilian real this week, while the Ibovespa index recorded its largest weekly gain in 30 years. This suggests a significant risk-on shift in Brazilian markets, likely driven by domestic political or economic developments. The magnitude of the moves indicates a major repricing, but the underlying catalyst is not specified in the source.