Brazil’s Ibovespa closes high for first time this year; dollar falls below R$5.70

Investors once again reflected a potential interest rate hike in the United States in the first quarter.

RIO DE JANEIRO, BRAZIL - Ibovespa struggled but managed to close high for the first time this year, although far from the day's peak.

The main index of the Brazilian Stock Exchange rose more than 1% in yesterday's session, testing the 102,000 points level, but ultimately succumbing to negative pressure from abroad.

The New York stock markets fell back with the prospect of higher interest rates in the United States in March, after the more hawkish tone of the American Central Bank (Federal Reserve) in its latest monetary policy meeting minutes.

According to Ivest Consultoria's investment specialist . . .

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