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Fearmongering of Omicron sends São Paulo stock market down 2% and strengthens dollar in Brazil

RIO DE JANEIRO, BRAZIL - The São Paulo stock exchange fell by 2.03 % on Monday, weighed down by fearmongering of the Coronavirus Omicron variant, which also shook the currency market, with the dollar reaching its highest level since last March in Brazil.

The Ibovespa, the parquet's benchmark index, closed at 105,019 points and, after losing 1.0 % last Friday, continues to be in a bad mood, in line with the rest of the international markets, including Wall Street.

Financial operators renewed their fears about the effects of the coronavirus pandemic due to the increase in the number . . .

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