Brazil Real Leads Losses as Goldman Sachs Doubts Political Will

Updated on
  • Government's fiscal plan needs approval from hostile congress
  • Ibovespa rebounds after Tombini signals rates on hold

Can Rousseff, Levy Hold Onto Power in Brazil

Brazil’s real led global losses as Goldman Sachs Group Inc. questioned the viability of government proposals to shore up its finances. The Ibovespa rebounded on speculation interest rates will be kept on hold.

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