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Brazil Stocks Fall 1.42% as the Real Weakens | Brazil Market Report, Nov 3

Brazil's main stock index fell 1.42% on its first day after the holiday, and the real weakened to 5.4926 per US dollar. Why, and what to watch next.

  • Ibovespa closes at 165,529, down 1.42% after All Souls Day holiday
  • Brazilian real weakens to 5.4926 per US dollar, highest in six months
  • Market decline driven by uncertainty over re-elected government's budget handling

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