this post was submitted on 25 Jan 2025
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Why Brazil's currency depreciation is back to haunt Lula (www.dw.com)
submitted 1 year ago by Driftel@discuss.online to c/world@quokk.au
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Brazil's financial world experienced a shock on December 18, when the country's currency, the real, fell 2.8% — hitting an all-time low of 6.2 reais per $1 (6.5 per €1) and shedding almost a quarter of its value over the year.

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