Economy
Dollar rises 1.46% to reach highest level in 15 months in Brazil
The rise of the US currency was driven by inflation higher than expected in the United States and pressured the Brazilian stock market downward.
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The essentials of this story
- What happened
- The dollar rose 1.46% to R$ 5.586, the Ibovespa fell 0.52% to 171,336.99 points, and oil prices retreated.
- Who is affected
- Investors, companies with foreign exchange operations, and financial market participants.
- What changes
- The US currency's exchange rate reached its highest closing level in over 15 months.
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Sources
- Dólar sobe 1,46% e fecha no maior valor em 15 meses — Agência Brasil — economia
