{
  "id": 16609479,
  "title": "Brazil’s real plunges more than 8% and São Paulo stocks slump after Lula’s victory",
  "url": "https://urgent.news/2026/10/26/brazils-real-plunges-more-than-8-and-sao-paulo-stocks-slump-after",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T13:03:00.000Z",
  "source": {
    "name": "MercoPress",
    "slug": "mercopress",
    "url": "https://en.mercopress.com/2026/10/26/brazil-s-real-plunges-more-than-8-and-s-o-paulo-stocks-slump-after-lula-s-victory"
  },
  "original_language": "en",
  "account": null,
  "summary": "Brazil’s real lost more than 8% against the dollar and futures on the Ibovespa index plunged 15% on Monday, in the first session after President Luiz Inácio Lula da Silva’s victory in the election runoff, a result markets had not expected. The dollar opened up 8.64% at 5.42 reais.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}