KM Financial Solutions | UPDATE 2-Brazil stocks post biggest fall since 1998, central bank intervenes twice in FX
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UPDATE 2-Brazil stocks post biggest fall since 1998, central bank intervenes twice in FX

UPDATE 2-Brazil stocks post biggest fall since 1998, central bank intervenes twice in FX

Brazilian stocks
plunged 12% on Monday, on course for their biggest fall since
1998, and the central bank intervened twice in currency market
to lift the real from a record low as the global wave of selling
and volatility engulfed local markets.

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