News list for " global performance"

Brazilian assets are expected to underperform all major peers throughout the year, with the real heading for its biggest decline since the 2020 pandemic onslaught, as doubts grow about President Luiz Inácio Lula's commitment to tackle the ballooning budget deficit. The real has depreciated by nearly 22% against the dollar this year, its worst performance among 31 major currencies. The decline accelerated in November after investors were disappointed by a much-anticipated fiscal package. Even a ...

2024-12-31 03:26:41