Rio de Janeiro Stock Exchange controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1989
The 1989 Rio stock-market breakdown
The Brazilian market crisis of 1989 severely damaged the Rio exchange’s standing and was associated in published accounts with speculative activity involving Naji Nahas. The episode contributed to the BVRJ losing its position as Latin America’s leading exchange to São Paulo.