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Magazine Luiza SA (MGLU3.SA)

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12 Dec 2018
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Latest Key Developments (Source: Significant Developments)

EMERGING MARKETS-Brazil's real, Mexico's peso weaken on local factors

By Sruthi Shankar Nov 26 The Brazilian real and Mexican peso weakened against the dollar on Monday on local factors, even as the greenback stayed under pressure and the euro advanced on reports Italy may cut its budget deficit target to satisfy the European Union. Mexico's peso edged 0.3 percent lower as caution prevailed ahead of the results of a referendum on President-elect Andres Manuel Lopez Obrador's new projects. Brazil's real slid on a lack of dollar inflows trig