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Dollar rises 2.35% against Brazil’s real (R$) in one week, due to political tensions

RIO DE JANEIRO, BRAZIL - In the last trading session of the week, two forces balanced each other in the foreign exchange market, causing the dollar to hover near stability in the last stretch of Friday.

On the one hand, the greater appetite for emerging currencies abroad after the labor market data in the US caused the US currency to trade at R$4.9881 at the beginning of the trading session.

On the other hand, the news that the Prosecutor General (PGR) requested the opening of an investigation against President Jair Bolsonaro to investigate alleged misconduct in the case of . . .

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