Brazil currency jumps as Bolsonaro beats expectations in presidential vote
EWZ•Brazil’s real jumped 4.5% against the U.S. dollar in early Monday trading, strengthening past 5.00 per dollar after Flavio Bolsonaro beat expectations in the first-round presidential vote.
1. Real strengthens after vote
Brazil’s real rose 4.5% against the U.S. dollar in early Monday trading, strengthening past 5.00 per dollar. Senator Flavio Bolsonaro beat expectations and led President Luiz Inacio Lula da Silva ahead of an October 25 runoff.
