The dollar fell against the real in early trading on Monday, in line with the US currency’s weakness abroad, as investors keep an eye on the Brazilian government’s discussions on the return of fuel taxes.
At 9:23 am (Brasilia time), the spot dollar fell 0.23%, to 5.1870 reais on sale.
In B3, at 9:23 am (Brasilia time), the dollar futures contract for the first month fell by 0.59%, to 5.1840 reais.
The US spot finished the latest trading session at 5.1988 reais, up 1.22%.
The Central Bank will hold an auction of up to 16,000 traditional foreign exchange rate swap contracts this trading session with a view to rolling over the 3 April 2023 deadline.
Source: Terra
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