Shifting Tides: Brazil Sees Capital Outflow as U.S. Rates Soar
Foreign investors have pulled out R$694 million ($138.8 million) from Brazil's B3 stock market, continuing a 10-day withdrawal streak. This activity deepens a 2024 trend of R$24.16 billion ($4.832 billion) in net outflows, a sharp reversal from the previous year's R$44.9 billion ($8.98 billion) inflow. This retreat is partly due to the uncertainty in the […]