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

2025-01-06

finance

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

Brazil's Finance Minister Fernando Haddad has confirmed that the government does not intend to increase the financial transactions tax, known as IOF, in an effort to curb the significant outflow of US dollars. This decision comes in response to the s ...Read more

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