Sao Paulo Stock Exchange

Bovespa - São Paulo Stock Exchange (, Portuguese: Bolsa de Valores de São Paulo). Located in the center of the biggest Brazilian city, São Paulo, Bovespa is the largest stock exchange in Latin America. On an average day (in 2004 figures), shares valued at R$ 1,221.3 million were traded on Bovespa , where US$1.00 = R$1.91 approximately. Established in August 23, 1890 on Rua 15 de Novembro, it was a state institution until 1966, when it became a non-profit civil association.
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See: Bolsa de Valores de Sao Paulo.