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Investor Confidence Boosts Brazil's Ibovespa, Dollar Drops

Investor Confidence Boosts Brazil's Ibovespa, Dollar Drops
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Brazil's Central Bank lowers basic interest rate to 12.25% annually

Brazil's Central Bank lowers basic interest rate to 12.25% annually
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Brazil cuts basic interest rate to 12.25% per year

Brazil s Monetary Policy Committee (Copom) unanimously decided Wednesday to reduce the economy s basic interest rate (known as the Selic rate) by 0.5 percentage points to 12.25% per year, Agencia Brasil reported.

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Ibovespa (IBOV): What does Vale (VALE3) have to do with the jump this Thursday (26)?

Ibovespa jumps with the help of Vale, which announced payment of dividends and JCP (Image: REUTERS/Paulo Whitaker) O Ibovespa (IBOV) had a last minute boost with the shares of OK (VALE3), which released a relevant fact with the auction still running to announce another wave of distribution of dividends It…

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Ibovespa (IBOV) goes to the 5th trading session followed by a fall with the collapse of Petrobras (PETR3;PETR4)

Ibovespa has a weak session with a sharp drop in Petrobras shares (Image: REUTERS/Amanda Perobelli) O Ibovespa (IBOV) tested an upward movement this Monday (23), but ended up ending the session falling, with shares of Petrobras (PETR3;PETR4) preventing good performance. A reference on B3, the index closed with a devaluation…

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