EconomyPolitics

Dollar rises 8.21%, and purse falls 13.88% after Lula re-election

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 26/10/2026, 22:24:23 UTC.

Briefings

Brazilian markets faced severe turbulence after the 2026 presidential election, with the dollar rising 8.21% and the Ibovespa falling 13.88% to 176,608.23 points. The market activated a circuit breaker during the trading day, and the dollar reached a high of R$ 5.605 before settling at R$ 5.403. The election result shifted investor expectations, causing the index to drop significantly from its October peak.

Key points

• The Ibovespa index fell 13.88% to 176,608.23 points, marking the largest single-day decline since March 2020.
• The dollar appreciated 8.21% to R$ 5.403, becoming the largest daily gain since January 13, 1999.

Context

Brazilian markets experienced intense volatility following the 2026 presidential election, with the dollar rising 8.21% and the Ibovespa falling 13.88% to 176,608.23 points. The election result shifted investor expectations, causing the index to drop significantly from its October peak.

Limitations

Data reflects the trading day of October 26, 2026, with the Ibovespa's October decline reset to 5.22% and 2026 annualized gain at 9.61%. The dollar's historical high since 1999 is contextualized but not confirmed as a new record. Specific election outcome details beyond the dollar and index movements are not fully detailed in the evidence.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 26/10/2026, 22:26:22 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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