Political unrest often rattles financial markets; Brazil’s recent experience proves no different. Finance Minister Fernando Haddad recently grappled with significant opposition from within the government. Despite easing tensions, Brazil’s Ibovespa dropped 0.31% the next day, closing at 119,568 points, a loss of 367 points. Similarly, the commercial dollar rate fell by 0.73% to R$ 5.36. […]
