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Montevideo, December 22nd 2024 - 23:42 UTC

Tag: Latam index

  • Thursday, January 3rd 2019 - 07:29 UTC

    Bolsonaro effect on Brazilian markets and currency

    Brazil shares surged as much as 4.1% to hit an all-time high before retreating to close 3.6% higher. The real firmed 2.4% and posted its best day in 7 months

    A record high for Brazil shares and a more than 2% gain in the Real, spurred by positive policy moves by the country's new government, helped Latin American markets make a strong start to the New Year and buck gloom in global markets on Wednesday.