Dollar Reaches R$5.32 for First Time in History; IBOVESPA Closes Down 3.8 Percent

Market ends the week with losses of over five percent after US job losses eclipsed oil rally.

RIO DE JANEIRO, BRAZIL - Friday's IBOVESPA downturn caused the Brazilian Stock Market's main index to accrue a 5.3 percent loss in the week. Despite the optimistic news regarding a potential agreement between Russia and Saudi Arabia to end the oil price war, the sharp drop in the number of jobs in the United States eventually eclipsed investors' good mood.

According to data released yesterday by the Department of Labor, the US recorded a loss of 701,000 . . .

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