By Gabriel Burin
BUENOS AIRES (Reuters) - Brazil s real is starting the second-quarter in a somber mood as the coronavirus pandemic continues to wreak havoc in Latin America s biggest economy and as pressure builds on the government, a Reuters poll showed.
The Brazilian currency lost around 10% in the first three months of the year, briefly revisiting its record closing low of 5.88 per U.S. dollar set last year. That mark could be easily breached soon.
Thousands of Brazilians are dying daily of COVID-19, the economy is struggling and opposition to President Jair Bolsonaro has increased. Under attack from all sides, he has reacted by appointing loyalists in key positions.
Brazil FX in somber mood as pandemic roars on, pressure mounts on government: Reuters poll
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Brazil FX in somber mood as pandemic roars on, pressure mounts on government: Reuters poll
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