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After new fiscal rule, Brazil’s Ibovespa drops 1.7%

On the day after the presentation of the new fiscal anchor, the main index of the Brazilian Stock Exchange (B3), the Ibovespa, ended the session this Friday, 31, with a significant drop of 1.7%, at 101,000 points.

The leading players in the financial market are still evaluating whether the government will commit to reducing the debt and the surplus in public accounts.

Investors expect Luiz Inácio Lula da Silva's team to show how to increase tax collection, reduce taxes and prevent the creation of new taxes.

Another critical factor that helped determine the drop in the . . .

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