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Business

Ibovespa Slides for a 9th Straight Session as Citi Drops Brazil’s Real on a Likely Lula Win

Rio Times

BusinessRio Times·Aug 15, 2026·1 min read

Ibovespa Slides for a 9th Straight Session as Citi Drops Brazil’s Real on a Likely Lula Win

Brazil's Ibovespa closed lower for a ninth straight session, its longest losing streak since 2023, as Citi pulled the real from its carry-trade basket and a big global fund cut its Brazil exposure. The post Ibovespa Slides for a 9th…

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