Key Facts

The Ibovespa closed at 171,990, up 0.87% on June 25 — recovering the prior day’s dip.

A soft inflation reading was the trigger — a mid-month preview came in below expectations, easing rate worries.

Vale and the banks led the rebound — the same heavyweights that dragged the index down a day earlier.

The real strengthened to about 5.18 per dollar — firming after two days of dollar gains.