The Brazilian Real lost ground against the U.S. dollar in European deals on Monday amid political uncertainty, as supporters of the ousted President marched through Sao Paulo demanding an end to the coup regime and calling for new election.

Sunday's rally and march was the latest in a series of public events protesting against new Brazilian President Michel Temer after the ouster of Dilma Rousseff in an impeachment trial.

The Brazilian Real slipped to a 2-month low of 3.3074 against the greenback, compared to Friday's closing value of 3.2730. On the downside, the Real may find support around the 3.4 mark.

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