Ibovespa Nudges Higher as Currency Struggles Persist

In the ever-shifting landscape of Brazil’s financial markets, the Ibovespa index inched up by 0.06%, closing at 124,787.08 points—a modest rise of 69.01 points. Meanwhile, the Brazilian real felt the heat as the U.S. dollar climbed, peaking at R$5.70, then retracting to R$5.66. This uptick followed speculations about the Central Bank of Brazil‘s consultations for […]