Brazilian Real Continues to Weaken Amidst Political and Economic Uncertainty in 2026
Key Takeaways The Brazilian real weakened against the U.S. dollar despite a significant interest rate increase
The real ended up declining by 0.9%, closing at 6.01 to the dollar
The long end of Brazil’s yield curve widened, reversing its initial downward trajectory
President Lula’s intention to seek re-election in 2026 stirred … Read more