RIO DE JANEIRO, BRAZIL - The day was marked by a significant reduction in risk levels in the portfolio of financial agents, with the growing prospect that the country's current fiscal regime should be relaxed to accommodate more government spending.
The movement took the Ibovespa to its lowest closing levels in 2021 and brought the index close to the 10% mark of losses accumulated for the year.
The Ibovespa closed the day down 2.94%, at 107,527 points, after hitting 105,714 points, down 4.57%, on the day's lows.
Only two of the 92 assets that compose . . .
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