Savings see 3rd largest net withdrawal in Brazil’s history
Published on: Friday 07 January 2022
Among the reasons behind the phenomenon are low yields, higher indebtedness among Brazilians, and the end of the government’s emergency allowance for low-income families.
News source: https://agenciabrasil.ebc.com.br/en/economia/noticia/2022-01/savings-see-3rd-largest-net-withdrawal-brazils-history