Brazil’s primary stock index, Ibovespa, witnessed a decline, falling 0.99% to close at 126,589.84 points. This downturn capped a cumulative four-day loss of over 2%. The Brazilian real weakened, with the dollar rising 0.29% to R$ 5.58, and interest rates increased accordingly. Amidst these market movements, Brazil’s economic scene continues to wrestle with fiscal instability […]
