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Brazil: the dollar falls to R$5.10, and Ibovespa advances with fiscal framework and exterior on the radar

By Mariana d'Ávilla

The optimism around the announcement of the new fiscal framework contributed to Ibovespa's gains on Thursday (30).

Investors are still waiting for Central Bank President Roberto Campos Neto's speech, which may signal the next steps of the monetary authority.

According to a government source heard by Bloomberg News, the new rules foresee zeroing the primary deficit starting in 2024 and generating increasing surpluses until the end of President Lula's term in 2026 . . .

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