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Post Election Dollar Falls to Lowest Since August

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - On Monday, October 3rd, the day after Brazil’s municipal elections, the U.S. dollar fell to its lowest level since August earlier this year, closing at R$3.206/US$1, a decline of R$0.046 (-1.41 percent).

That figure marks the lowest for the U.S. dollar, since August 22nd when it was trading at R$3.202. For the year, the dollar is down . . .

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