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Brazil is on the other side of the world from China, the epicentre of the coronavirus, but it has become one of the countries most directly impacted by the disease – which is a huge headache for the Central Bank of Brazil (BCB) and finance ministry.
The Brazilian real has been accelerating its depreciation trend in recent days – on Wednesday the dollar closed at $4.58, a fall of 1.5% in the day’s session, and by Thursday the real had fallen 13.9%
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