The financial storm caused by the coronavirus is hitting Brazil in full.
In two weeks (starting from February 21, 2020) the real devalued by 8% against the dollar and by 14% against the euro.
During the same period, the Brazilian stock exchange (Bovespa) is losing 23% in local currency, 28% in dollars and 32% in euros.
Today’s dollar quote (March 9, 2020): R$ 4.75
Today’s euro quote (March 9, 2020): R$ 5.42
Bovespa Index: 89.284 (11.55 am)