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Brazil's Ibovespa Suffers Longest Losing Streak in Three Years as $2.5 Billion in Foreign Capital Flees

Foreign investors pull R$13.5 billion ($2.5B) from the B3 exchange as pre-election uncertainty and fiscal worries drive capital flight.

By Diane Cole

Published
Brazil's Ibovespa Suffers Longest Losing Streak in Three Years as $2.5 Billion in Foreign Capital Flees
Source: Foto: Ricardo Stuckert/PR / Wikimedia Commons (CC BY 3.0 br)

Foreign investors pull R$13.5 billion ($2.5B) from the B3 exchange as pre-election uncertainty and fiscal worries drive capital flight.

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