Brazilian Real Rebounds Following Post-Election Rout
Brazil’s real recovered some ground, strengthening to around 5.36 per US dollar after weakening to as low as 5.60, near its weakest level since mid-2025, immediately following President Lula’s runoff victory over Flávio Bolsonaro. On October 26th, the first trading day after the election, the dollar closed at R$5.40, u