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News 2026-07-10 13:17 UTC

Brazilian Real Advances on Cooling Inflation Data

() -- The Brazilian real strengthened against the US dollar on Friday after annual inflation slowed to 4.64% in June from 4.72% in May, missing expectations for a 4.80% reading. Energy and fuel inflation remained high at 7.71% despite easing from May's 8.90%, while monthly consumer prices increased 0.16% after rising 0