The financial market reacts negatively to the Lula (PT) government’s package of spending cuts and the dollar renews its record for the third consecutive day.
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Dollar closes at R$6 for the first time in history
CAE President plans hearing for new Central Bank directors until 12/14
Gross debt in the Lula government exceeds R$9 trillion for the first time in history
Another investment bank downgrades Brazilian shares after Haddad’s announcement
Government reduces Budget blockade and reduces deficit forecast
Haddad’s package marks a divorce with the market and does not “tickle” the public debt
Haddad complains about leak about IR exemption: “There’s no point complaining about the market”
Lula appoints three new directors for the Central Bank
