Dollar Hits R$6.26: Central Bank’s $12.7B Intervention Falls Short

INSUBCONTINENT EXCLUSIVE:
The US dollar hit R$ 6.26 on December 18, 2024, forcing Brazilians to watch their purchasing power shrink by nearly 3% in a single day.This
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(Photo Internet reproduction)Every Brazilian feels this decline through rising prices of imported goods and growing inflation pressure
Brazil can manage its finances
Until then, the currency remains vulnerable to further pressure
economic future now depends on rebuilding that trust through actions rather than words
The next few months will determine whether the country can right its financial ship or drift further into troubled waters.