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  • The Sao Paulo stock exchange closed down 13.9 percent Monday and the Brazilian real closed below five to the dollar for the first time ever in further fallout from the coronavirus pandemic. The stock exchange's Ibovespa index closed at its lowest level since June 2018, while the real sank to 5.04 to the dollar, on yet another day of carnage for world markets panicked by the economic impact of the pandemic. bur-jhb/ft
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  • Brazil stocks close down nearly 14%
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