São Paulo stock exchange falls 0.66% weighed down by high inflation and political climate

In the currency market, the US dollar depreciated by 0.96% against the real and closed at 5.19 reais for purchase and sale at the Brazilian commercial exchange rate.

RIO DE JANEIRO, BRAZIL - The São Paulo stock exchange lost 0.66% this Tuesday and its Ibovespa index, the benchmark of the trading floor, closed at 122,202 points, weighed down by high inflation and the turbulent political climate in Brazil.

The São Paulo stock exchange has been navigating in the midst of enormous volatility since the beginning of the week, generated by the economic and political scenario.

On the one hand, inflation continues to soar, and in July alone climbed 0.96%, the highest result for that month since 2002, raising the year-on-year rate to . . .

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