Brazil’s Ibovespa index closes down, driven by the North American market

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The Ibovespa, the main index of the Brazilian Stock Exchange (B3), ended the day on Tuesday down 0.45%, at 104,000 points.

On the other hand, the dollar closed this Tuesday’s trading session with a high of 0.44%, quoted at R$ 5.19.

Among the movements that affected the Ibovespa’s performance is the declaration of the Fed’s president – the United States Central Bank – Jerome Powell, who gave signs of a possible increase in the country’s basic interest rate as a measure to control inflation. However, the prospect of higher interest rates raises the dollar . . .

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