Brazil Real, Stocks Sink on Speculation Lula to Become Minister

  • Folha reports Rousseff just waiting on Lula to accept post
  • Currency slumps most two months as stocks extend decline

How to Play the Brazilian Market Now

Brazil’s real dropped the most in two months and stocks retreated after a report that former President Luiz Inacio Lula da Silva might be named a cabinet minister, potentially shielding him from prosecution amid the nation’s largest corruption scandal.

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