• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Brazilian markets plunge after Lula's election victory

FinanceInternationalLa República10 s readAI summary

Brazilian markets suffered a sharp slump after Lula's election victory. The Brazilian real fell 8.2% at the start of the session, while some long-term swap contracts rose nearly 300 basis points, according to La República.

Read the full story at La República

IASummary generated by artificial intelligence from a story by La República. It may contain errors: the original source prevails.

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