The dollar retreats against the real in line with foreign currency movement

The dollar retreats against the real in line with foreign currency movement

The dollar fell against the real shortly after opening Tuesday, accompanying external weakness in the US currency, as investors monitor new statements from authorities at the Ministry of Finance and the Central Bank of Brazil.




At 9:03 am (Brasilia time), the spot dollar was down 0.28%, to 5.0563 reais on sale.

On the B3, at 9:03 (Brasilia time), the first dollar futures contract fell by 0.28%, to 5.0745 reais.

On the eve of the dollar in sight closed listed at 5.0704 reais for sale, positive change of 0.01%.

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 2 May 2023 deadline.

Source: Terra

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