Brazil's Central Bank Intervenes Again in Currency Markets Amid Notable Selloff
6 days ago
In a decisive move to stabilize its currency, Brazil's Central Bank has stepped in once again to address the pressures in the foreign exchange markets. This intervention comes in the wake of a significant selloff of the Brazilian real, which has been prompted by a confluence of adverse economic factors and geopolitical uncertainties.
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Brazil Faces Inflation Surge: Economists Warn of Rising Prices Beyond Control
2 months ago
Brazilian economists are sounding alarms as projections indicate that the country’s inflation rate is set to exceed the government's established tolerance range. This alarming trend follows a series of economic shocks and policy missteps that have left many citizens grappling with the repercussions of rising costs across essential sectors.
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