The dollar fell slightly against the real following the monetary policy decisions

The dollar fell slightly against the real following the monetary policy decisions

The dollar fell slightly against the real on Thursday morning after monetary policy decisions made the day before by the Federal Reserve and Central Bank of Brazil continued to point to a favorable interest rate differential for the domestic currency.

At 9:10 am (Brasilia time), the spot dollar fell 0.15%, to 4.9851 reais on sale.

In B3, at 9:10 (Brasilia time), the dollar futures contract for the first month fell by 0.18%, to 5.0120 reais.

On the eve, the US currency fell 1.06%, to 4.9926 reais on sale.

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

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