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URGENT: Brazil's stock market index, the Ibovespa, plunges 16.71%, its biggest drop since March 21, 1990, when the stock market fell 22.27% following the announcement of the Color plan.

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URGENT: Brazil's stock market index, the Ibovespa, plunges 16.71%, its biggest drop since March 21, 1990, when the stock market fell 22.27% following the announcement of the Color plan.

URGENT: Brazil's stock market index, the Ibovespa, plunges 16.71%, its biggest drop since March 21, 1990, when the stock market fell 22.27% following the announcement of the Color plan.

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