Brazil's Real Climbs as Rollover Offsets Commodities Drop

The transcript discusses Uruguay's political scene, highlighting the re-election of Tabaré Vázquez as president with 53% of the vote, ensuring the Broad Front's majority in Congress. It then shifts to Brazil's economic situation, noting the rise of the Brazilian real after three days, supported by foreign exchange swaps, despite a drop in commodities. The Central Bank of Brazil extended the maturity on 10,000 currency swap contracts, having refrained from a rollover earlier in November.

Who was elected as president for the second time with 53% of the vote?

• Tabaré Vázquez

• The National Party candidate

• The Broad Front leader

• Brazil's Central Bank governor

What percentage of the vote did the National Party candidate receive?

• 53%

• 45%

• 40%

• 60%

What event marked the first rise of Brazil's currency in three days?

• Support from foreign exchange swaps

• A drop in commodities

• A new presidential election

• A change in government policy

What action did Brazil's Central Bank take regarding currency swap contracts?

• They extended the maturity on 10,000 contracts

• They introduced new currency regulations

• They increased interest rates

• They reduced the number of contracts

When did Brazil's Central Bank refrain from calling a rollover?

• In mid-November

• At the beginning of November

• At the end of November

• At the beginning of October