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Brazil , Friday 17 April 2026

Brazil's currency drops to weakest level yet as Lula's fiscal measures debated

Published on: Wednesday 18 December 2024

Brazil's currency drops to weakest level yet as Lula's fiscal measures debated Brazil’s real has fallen to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending.


News source: https://www.news4jax.com/business/2024/12/18/brazils-currency-drops-to-weakest-level-yet-4-as-lulas-fiscal-measures-debated/

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