Historic Dollar Surge Reflects Ongoing Fiscal Concerns in Brazil

The Brazilian real faces mounting pressure as the U.S. dollar reaches a historic high of R$ 6.09, reflecting ongoing fiscal uncertainties. This surge occurs despite recent interventions by the Central Bank of Brazil aimed at stabilizing the currency. The dollar’s value increased by 1.03%, closing at R$ 6.0934, surpassing its previous record of R$ 6.0829 […]