By Lise Alves, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – After a year of political and economic uncertainties in Brazil, the stock market and the dollar closed 2018 with appreciation. The U.S. dollar closed 2018 at R$3.876/US$1, with an accumulated increase of 16.9 percent while the São Paulo stock exchange’s Bovespa Index closed the last trading day of the year at 87,887 points, a 15 percent increase.
During the first half of the year, the US currency dollar remained relatively stable in Brazil. But as trade tensions increased between the United . . .