In a reduced trading session, Brazil’s Ibovespa drops almost 2%; dollar rises

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The B3, São Paulo Stock Exchange, closed with its main index, the Ibovespa, down almost 2%, on Wednesday, Feb. 22, at 107 thousand points.

Because of today’s holiday, the trading session had a reduced schedule, starting at 1 pm.

The result was driven by the release of the minutes of the last meeting of the Federal Reserve (FED), the Central Bank of the United States, with the continued rise in inflation and, consequently, an increase in the value of products.

Leaders of the FED defend a more significant tightening of interest rates in the country.

The North American . . .

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