The dollar and interest rates rose in the Brazilian market on Friday (Feb. 3), after criticism made by President Luiz Inácio Lula da Silva (PT, progressive-globalist) regarding the independence of the Central Bank and the spending cap.
The dollar closed at R$5.04 on Thursday, the lowest level since August 2022 but then jumped to R$5.15.
The U.S. currency showed strength in the . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here