The dashboard: Brazil’s benchmark inventory index Ibovespa dropped 3.72 % this week — formally falling into bear market territory (extra beneath). In the meantime, Brazilian Actual misplaced 2.77 % towards the U.S. Greenback this week.
- Largest good points: Natura (retail), + 9.52 %
- Largest drops: Slc Agricola (agro), – 13.64 %
Brazil’s Home delays (once more) vote on crypto regulation invoice
Again in February, the state of affairs regarded favorable for the regulation of crypto to move in Brazil. The Senate Financial Affairs Committee fast-tracked approval of a invoice on the matter and markets anticipated the proposal to clear each congressional chambers by April.
However crypto regulation…
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