Macroeconomy/Finance

Brazilian Stock Exchange jumps 7% after action of Central Bank

The Brazilian market recover partially from the impact of the collapse of oil prices and the outbreak of covid-19. The Ibovespa, the main index of the Brazilian stock exchange, closed up 7.14%, at 92,214.47 points, the highest daily appreciation since 2009. With that, it partially recovered from the historical fall of more than 12% registered on Monday.

Source: Economia UOL

Categories: Macroeconomy/Finance