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Brazil

Brazil's currency drops to weakest level yet as Lula's fiscal measures debated

Brazil’s real has fallen to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors’ frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending.

By: WDIV ClickOnDetroit
  • Dec 19 2024
  • 30
  • 3160 Views
Brazil's currency drops to weakest level yet as Lula's fiscal measures debated
Brazil's currency drops to wea
FILE - Brazil's former President Luiz Inacio Lula da Silva, who is running for reelection, smiles during a press conference in Sao Paulo, Brazil, Oct. 23, 2022. (AP Photo/Andre Penner, File) SAO PAULO – Brazil’s real on Wednesday fell to its weakest ... [2636 chars]

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