Daily Archives: 21 October 2014

Anadolu Agency

SÃO PAULO — Brazil’s key stock exchange index and national currency both sank on Tuesday morning, a day after new surveys showed President Dilma Rousseff had overtaken rival Aécio Neves in the polls.

In the first minutes of trading, the Ibovespa plunged more than 2,300 points, or 4.4 percent, with state energy companies Petrobras and Eletrobras suffering the biggest losses.

The real also suffered a sharp fall, opening at 2.464 against the dollar but within minutes weakening to 2.50.

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