Record-Breaking Close for Brazil’s Ibovespa Amid Central Bank Leadership Shuffle

In a bustling final hour of trading, Brazil’s Ibovespa index hit a new record high, closing at 137,343.96 points—a 0.42% increase. This historic close was sparked by the confirmation of Gabriel Galípolo’s nomination for the presidency of the Central Bank by the Brazilian government. Simultaneously, the US dollar, as observed in the local market, increased […]