RIO DE JANEIRO, BRAZIL - The São Paulo stock exchange registered a cumulative fall of 6.7% in October, the worst monthly result of the year, amid doubts about the economic policy of Jair Bolsonaro's government and his intention to relax fiscal rules to increase social spending.
The Ibovespa, the benchmark index of the trading floor, lost 2.09% this Friday and closed at 103,500 points to mark the fourth consecutive session in the red, with a weekly decline of 2.63%, according to preliminary results at the end of the day.
So far, in 2021, the S . . .
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