External Forces and Lula’s Remarks Push Dollar to 2022 Peak

After a brief respite on Monday, the dollar surged again on Wednesday, closing at R$5.5194, marking a 1.19% increase. Meanwhile, the Ibovespa, Brazil’s main stock index, reversed its morning decline and ended the day up 0.25% at 122,641.30 points. This rise in the dollar is not only due to external trends but also to statements […]