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Brazil Finance Minister Rules Out Tax Hike to Stem Dollar Outflow Amid Currency Volatility

2025-01-06

finance

Brazil Finance Minister Rules Out Tax Hike to Stem Dollar Outflow Amid Currency Volatility

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

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