Brazilian Stock Market Rallies Amid Positive Global and Local Indicators

This week, Brazil’s Ibovespa index enjoyed its third consecutive rise, climbing by 0.90% to reach 128,660 points—an increase of 1,147 points—marking a significant recovery from earlier losses. Meanwhile, the commercial dollar experienced its third consecutive decline, dropping by 0.9% to close at R$5.57. Futures interest rates also fell, particularly the longer-term rates, indicating broader market […]