Ibovespa Climbs Amid Vale Surge, Economic Optimism, and Dollar Relief

The Ibovespa index rose 0.70%, closing at 125,661 points, gaining about 870 points. The commercial dollar fell by 1.71% to R$5.56. Future interest rates also dropped. This recovery stemmed from a more measured tone by President Lula, who had criticized the Central Bank. He hinted at potential actions regarding the dollar’s rise against the real […]