# Market Talk: Brazilian real set for selloff after Lula’s reelection

https://mins.news/en/video/115998

- Reuters, 2026-10-26 14:23 UTC
- Economy
- Original: https://www.youtube.com/watch?v=i1qT8K1ms50

> The Brazilian real began the week with a sharp fall after Lula’s surprise election victory. ING’s Francesco Pesole said investors had bought heavily into the currency when Flavio Bolsonaro led the first round of polls, expecting spending cuts ahead.

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