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Businessabout 10 hours ago

Brazil’s Real Slumps on Report Tying Bolsonaro to Bank Scandal

Bloomberg
Bloomberg

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Brazil’s Real Slumps on Report Tying Bolsonaro to Bank Scandal

Brazil’s currency slumped Wednesday after a news website linked right-wing presidential candidate Flavio Bolsonaro to Daniel Vorcaro, the jailed former chief executive of a bank at the center of a massive fraud probe.

Markets Currencies Facebook X LinkedIn Email Link Gift Expand A customer withdraws Brazilian real banknotes.

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Send a tip to our reporters Site feedback: Take our Survey New Window Facebook X LinkedIn Email Link Gift By Giovanna Bellotti Azevedo and Leda Alvim May 13, 2026 at 6:29 PM UTC Updated on May 13, 2026 at 7:21 PM UTC Bookmark Save Leia em português.

Brazil’s currency slumped Wednesday after a news website linked right-wing presidential candidate Flavio Bolsonaro to Daniel Vorcaro , the jailed former chief executive of a bank at the center of a massive fraud probe.

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