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Going down: Brazil economic woes hit stocks, currency

Published on: Saturday 18 May 2019

Going down: Brazil economic woes hit stocks, currency Atrophying growth forecasts and waning confidence in President Jair Bolsonaro sent Brazil's stocks and currency to their lowest level of the year this week, as analysts warned of further falls. Since touching a record 100,000 points in mid-March, the Bovespa has fallen 10 percent and wiped out gains



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