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News 2026-10-23 15:36 UTC

Brazilian Real Edges Lower Ahead of Presidential Runoff

The Brazilian real edged lower to around 5.045 per US dollar ahead of the presidential runoff, amid uncertainty surrounding the election. A Datafolha poll showed Senator Flávio Bolsonaro and President Lula tied at 50% each of valid votes. Earlier polls also indicated a statistical tie, with Bolsonaro’s lead narrowing c