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Political Uncertainty and JPMorgan Downgrade Push Brazilian Real Past R$5.20 Mark

Investor caution over Brazil’s fiscal outlook and tightening presidential election polls is fueling currency volatility.

By Sofia Marin

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Political Uncertainty and JPMorgan Downgrade Push Brazilian Real Past R$5.20 Mark
Scan: User:Avelludo. Design: Central Bank of Brazil. / Wikimedia Commons (Public domain)

Investor caution over Brazil’s fiscal outlook and tightening presidential election polls is fueling currency volatility.

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