Brazilian Real, Equities Decline as Political Optimism Fades

Updated on
  • Itau, Bradesco among top contributors to Ibovespa’s losses
  • Temer was accused of receiving illegal campaign donations

Brazil’s real and most of the stocks in the benchmark Ibovespa index declined after reports that Acting President Michel Temer was linked to illegal donations.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.