Brazil’s Ibovespa Bounces Back Amid Fiscal Reforms and Currency Fluctuations

The Brazilian stock market, represented by the Ibovespa index, has shown resilience, closing at 121,187.91 points after a challenging period. This rebound signals a shift in market sentiment driven by the approval of a fiscal package in Congress, which has eased investor concerns regarding the country’s financial stability. On December 19, the Ibovespa rose by […]