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News 2026-10-05 12:48 UTC

Brazilian Real Surges After Bolsonaro Leads First Round

The Brazilian real strengthened sharply to below 5.00 per USD on Monday, reaching a 17-month high after Flávio Bolsonaro finished ahead of President Lula in the first round of the presidential election, defying most polls. Senator Bolsonaro received 47.1% of valid votes, compared with 45.1% for President Lula. Bolsonar