Financial agents await economic data from the United States after the end of the shutdown; Ibovespa also falls
The commercial dollar closed at R$5.318 this Tuesday (18.Nov.2025), with a daily drop of 0.26%. The North American currency reached R$5.315 at its minimum and R$5.346 at its maximum. Ibovespa, the main index of B3 (São Paulo Stock Exchange), recorded a drop of 0.22% at 5:48 pm, at 156,648.84 points.
Investors await economic and financial data from the United States after the end of . The country’s House of Representatives on Wednesday (Nov 12) saw the longest government shutdown in the country’s history. The period was marked by the postponement of macroeconomic indicators.
Read the daily trajectory of the commercial dollar:
Financial agents also monitor the developments of Banco Master. The FGC (Credit Guarantee Fund) will pay R$41 billion to impacted investors, the largest amount in history.
The FGC is maintained by monthly contributions made by banks and other financial institutions. The fund accumulates this money over time to act in interventions and failures. A rescue of R$41 billion would consume a significant portion of the FGC’s assets, reducing its financial slack.
ZERO COMPLIANCE OPERATION
The PF (Federal Police) Daniel Vorcaro, founder of Banco Master, this Tuesday (18.Nov.2025). Among the crimes investigated, he is accused of:
- Fraudulent management;
- Reckless management;
- criminal organization.
The was carried out jointly between the Federal Police and the MPF (Federal Public Ministry). The investigation began in 2024, when the Central Bank identified irregularities in the bank’s operations. The fraud reached , according to Andrei Rodrigues, director general of the Federal Police.
Vorcaro was arrested by the police when he tried to leave Brazil. The 42-year-old businessman from Minas Gerais is accused of running a scheme that created credit portfolios without real backing, which were then sold with other financial institutions.
Banco Master issued CDBs with the unrealistic promise of paying 40% above market rates.
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