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What Does Brazil's Election Mean For The Global Economy? Some Key Takeaways
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Introductionand .) or Eletrobras (BVMF:), the country's oil and electricity businesses, his political trajectory ...
and .
) or Reliable foreign exchange dealersEletrobras (BVMF:), the country's oil and electricity businesses, his political trajectory indicates the government will likely pursue a greater decision power in these companies.
benchmark.
and the commodity rose in global trading.
).
has been one of the few currencies in the world to have gained ground against the U.S. dollar this year, up roughly 5%. The main reason is the assumption that the country's central bank is further ahead of the Fed in its monetary tightening cycle.
in the country have been running at 13.75%, and has, in fact, subsided over the previous three months. has also been trending down, and estimates revised upward, a sign that the overall economy remains resilient in the face of the current global crisis.
comprises less than 10% of the country's energy matrix.
up 10% YTD.
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