The spot dollar started Monday slightly higher against the real, in line with the US currency’s mostly positive bias abroad and with investors pondering data from the central bank’s economic activity index (IBC-Br). disclosed at the opening of trading.
At 9:22 am (Brasilia time), the spot dollar advanced 0.33%, to 4.9206 reais on sale. On B3, the dollar futures contract for the first month was up 0.26% to 4.9370 reais.
The BC reported that the IBC-Br, a gauge of gross domestic product (GDP), rose 0.63% in June compared with the previous month, according to seasonally adjusted data released by the BC on Monday. The expectation in a Reuters poll was as high as 0.60% for the month.
The spot dollar finished the day trading 4.9045 reais on Friday, up 0.42%.
In this session, the Central Bank will hold an auction of up to 16,000 traditional exchange rate swap contracts with the aim of rolling over the October 2, 2023 deadline.
Source: Terra
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