Down by over 20%, the Brazilian real received the ignominious title of worst-performing major currency in 2024. The selloff has eased somewhat recently, but the country’s fiscal woes still have financial markets on edge.

Source: https://www.dw.com/en/why-brazil-s-currency-depreciation-is-back-to-haunt-lula/a-71391540?maca=en-rss-en-all-1573-rdf