USD/BRL jumped before the announcement of the Central Bank of Brazil. What was the reason?
Tag - brazil
The Brazilian real faced a real challenge during the last couple of days. The USD/BRL pair jumped above the 4 level on Friday and tested the last September highs above 4.11.
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The first round of a vote at the most unpredictable elections in Brazil took place on October 7. How did it affect the BRL? Find out from the article.
One of the most unpredictable and scandalous elections in the world of emerging markets will be held on the 7th of October in Brazil…