High interest rates and fear of recession bring down Ibovespa, which drops 2.86%; dollar rises 4%, biggest rise since March 2020
The Ibovespa closed down sharply this Friday (22), back from a holiday. The main index of the Brazilian stock market dropped 2.86%, to 111,077 points, the lowest since November 26, 2021 (when it fell 3.39%), following the American stock exchanges and still adjusting the losses recorded the day before, when B3 was closed. For the … Read more