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Brazil’s real jumps after central bank surprise, strong retail sales

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Brazil’s real jumps after central bank surprise, strong retail sales

The Brazilian real jumped on Thursday after the central bank hinted for the first time its policy easing cycle could end soon amid a rise in inflation, while data showed a better-than-expected upward move in October retail sales. The real firmed by more than 1% to trade at 5.1120 per dollar, outperforming its Latin American […]
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