Brazil’s Record Capital Outflows Continue in October 2024

Foreign investors withdrew R$2.5 billion ($438.6 million) from the Brazilian stock market in October 2024. This outflow continues a year-long trend. By October’s end, foreign investors had pulled out R$30.7 billion ($5.39 billion) from Brazil’s B3 exchange. The exodus raises questions about investor confidence in Latin America’s largest economy. President Lula da Silva faces criticism […]