[Brazil] - Bitcoin Tops 2023 Investments; Dollar Dips

INSUBCONTINENT EXCLUSIVE:
In 2023, Bitcoin emerged as the leading investment, outperforming others with a significant year-end increase of 153.47%.This surge included
Receipts (BDRs), representing shares of international companies in Brazil, recorded the second-best performance.They saw a 26.33% growth
over the year, including a positive change of 2.84% in December.Government bonds, specifically Tesouro IPCA with a 2035 maturity and Tesouro
Selic 2025, also showed noteworthy gains.They rose by 19.80% and 13.16%, respectively, surpassing the preliminary inflation rate of 4.72%,
measured by the IPCA-15.Bitcoin Tops 2023 Investments; Dollar Dips
(Photo Internet reproduction)Gold, another asset beating the preliminary inflation rate, grew by 13.67% over the year and increased by 0.90%
in December.However, the Index of Investment Funds experienced mixed fortunes, growing 15.50% in 2023 but facing a sharp decline in
December.Contrarily, the U.S
dollar saw the least favorable performance among investors in 2023, falling by 8.06%
showed strong performance.It closed at 134,185.24 points, up by 22.28% from the end of 2022