The spot dollar opened Tuesday’s session higher against the real, in line with the rest of the world, where the US currency also sustained gains against other currencies of emerging countries and commodity exporters, with investors waiting for an outcome for the US Debt Ceiling negotiations.
In Brazil, attention is focused on crafting the new fiscal framework, which could be voted on by Congress this Tuesday or Wednesday.
At 9:20 am (Brasilia time), the spot dollar advanced 0.21%, to 4.9820 reais on sale.
The spot dollar fell 0.47% to 4.9714 reais for sale in Monday’s session, snapping a two-day streak of gains.
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 July 2023 deadline.
Source: Terra
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