Goldman Sachs: dollar could fall to R$4.50 if Brazil's new government signals fiscal adjustment after elections

Goldman Sachs says the dollar could fall to R$4.50 if Brazil's new government signals fiscal adjustment after the elections, and sees it returning to R$5.80 — December 2024 stress levels — without a commitment to public accounts. The trigger is not only who wins but the stance taken afterwards.

Detected & updated continuously · Source: Nebula