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Brazil Rules Out Tax Hike to Stem Dollar Outflow Amid Currency Depreciation

2025-01-06

finance

Brazil Rules Out Tax Hike to Stem Dollar Outflow Amid Currency Depreciation

Brazil's Finance Minister Fernando Haddad has confirmed that the government has no intention of increasing the financial transactions tax, also known as IOF, in an effort to curb the outflow of US dollars. This decision comes after the significant de ...Read more

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