Bovespa falls 1.15% three days before Lula-Flavio Bolsonaro runoff in Brazil
Three days before Brazil's presidential runoff, the Bovespa index fell 1.15% to close at 204,120 points, with Vale dropping 4% and CVC and CSN among the biggest losers. The real depreciated 0.22% against the dollar, to 5.037 reais for buying. The next president will face a fiscal deficit of 9.48% of GDP, public debt of 82.9% and a Selic rate of 13.75%, amid a campaign marked by cross-complaints before the Superior Electoral Court.
In 35 seconds
- The Bovespa fell 1.15% to 204,120 points, with Vale -4%, CVC -7.4% and CSN -5.4%
- The real depreciated 0.22% and the dollar closed at 5.037 reais for buying
- The next president inherits a fiscal deficit of 9.48% of GDP and public debt of 82.9%
Read the full story at Clarin.com
IASummary generated by artificial intelligence from a story by Clarin.com. It may contain errors: the original source prevails.
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