# Brazil’s real tumbles after Lula’s re-election victory

https://mins.news/en/item/116321

- Al Jazeera, 2026-10-26 18:27 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/10/26/brazils-real-sinks-after-lulas-re-election-victory?traffic_source=rss

> The Brazilian real fell 12 percent against the dollar after Luiz Inacio Lula da Silva unexpectedly won re-election. Bovespa shares also plunged, triggering a 30-minute trading halt. Investors are concerned about higher spending and fiscal pressures, and will watch Lula’s choice of finance minister for clues about his approach.

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