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Rising political risk in Brazil makes dollar rise above R$5 level again

RIO DE JANEIRO, BRAZIL - The commercial dollar is trading higher on Wednesday and has returned to the US$5 level, with the domestic political scene in focus. At 10:44 AM, the U.S. currency was 1.13% higher at R$4.9975, reaching R$5.0109 at the maximum.

The focus of attention of financial agents is the emergence of a new accusation against the government in the purchase of vaccines after the "Folha de S.Paulo" reported that a director of the Ministry of Health demanded a bribe to close the deal for 400 million doses of vaccine . . .

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