The dollar retreats against the real with monetary policy decisions in the spotlight

The dollar retreats against the real with monetary policy decisions in the spotlight

The dollar fell against the real in early trading on Wednesday, in a session totally focused on the monetary policy decisions of the Federal Reserve and, after the markets closed, of the Central Bank of Brazil.

At 9:03 a.m. (Brasilia time), the cash dollar fell 0.35% to 4.8557 reais on sale.

On B3, as of 9:03 a.m. (Brasilia time), the front-month dollar futures contract fell 0.28% to 4.8630 reais.

A day earlier, the cash dollar had closed the day at 4.8728 reais, up 0.34%.

In this session, the Central Bank will auction up to 16,000 traditional currency swap contracts with the aim of rolling them over until the expiration date of November 1, 2023.

Source: Terra

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