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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 24 2024
11
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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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