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Dollar Stabilizes at R$5.76 Against Brazilian Real as Trump Relaxes Tariff Stance

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The USD/BRL exchange rate held steady at R$5.76 this morning, after closing Thursday with a slight 0.06% gain at R$5.7597. The Brazilian currency maintains stability after Wednesday’s impressive rally when the real strengthened nearly 3% against the dollar. Market analysts attribute this performance to President Trump’s decision to postpone tariffs on Mexican products under the […]