Brazil’s real plunges more than 8% and São Paulo stocks slump after Lula’s victory

Monday, October 26th 2026 - 13:03 UTC

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Brazil’s real lost more than 8% against the dollar and futures on the Ibovespa index plunged 15% on Monday, in the first session after President Luiz Inácio Lula da Silva’s victory in the election runoff, a result markets had not expected. The dollar opened up 8.64% at 5.42 reais. Read full article

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FortHay
Always a silver lining: 8% more panelada ( https://www.tasteatlas.com/panelada ) for me :-)
Posted 1 day ago - Link - Report abuse 0
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