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Brazilian currency down on presidential election forecast jitters

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The Brazilian real weakened 1.3%, by far the biggest decliner in the region and 19% so far this year. The Brazilian Real led losses in Latin America as lingering concerns over presidential elections overshadowed a largely positive environment for emerging market assets. The US dollar ended trading at 4.333 Reales.

Brazilian currency down on presidential election forecast jitters Brazilian currency down on presidential election forecast jitters Reviewed by Shahid Karimi on August 30, 2018 Rating: 5

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