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Brazil's Real Surges 4.5% on Bolsonaro Election Beat

Brazil's real jumped 4.5% against the US dollar to above 5.00, driven by right-wing Senator Flavio Bolsonaro exceeding expectations in the country's first-round presidential election.

USDBRL

00 per greenback, after right-wing Senator Flavio Bolsonaro beat expectations in the country's first-round election and led leftist President Luiz Inacio Lula da Silva ahead of an October 25…