The dollar is slightly higher against the real before the monetary policy decisions

The dollar is slightly higher against the real before the monetary policy decisions

The dollar rallied slightly in early trading on Tuesday, hovering around 5 reais as investors awaited the conclusions of the monetary policy meetings of the Central Bank of Brazil and the Federal Reserve.

At 9:07 (Brasilia time), the spot dollar advanced 0.23%, to 5.0005 reais on sale.

On the B3, at 9:07 (Brasilia time), the first dollar futures contract rose by 0.27%, to 5.0310 reais.

In its most recent session, on Friday, the spot dollar ended the day trading at 4.989 reais, up 0.18%.

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 1 June 2023 deadline.

Source: Terra

You may also like