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Brazil: US Dollar rises 4% and closes at R$4.80 on a day of external and internal tension

RIO DE JANEIRO, BRAZIL - The financial market had a day of panic after the return from holiday. The dollar rose 4% and had the highest rise for a single day since the covid-19 pandemic in March 2020. Since November, the stock market had the biggest daily drop and recorded its worst week in six months.

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