The dollar advanced in early trade on Tuesday, flirting with the 5.10 reais level, while North American bond yields continued to rise and hover around their highest levels in 16 years as investors awaited a series of data from the United States.
At 9:10 a.m. (Brasilia time), the cash dollar advanced 0.54% to 5.0947 reais on sale.
On B3, as of 9:10 a.m. (Brasilia time), the front-month dollar futures contract rose 0.57% to 5.1135 reais.
A day earlier, the cash dollar had closed the day at 5.0675 reais, up 0.80%.
In this session, the Central Bank will auction up to 16,000 traditional currency swap contracts with the aim of rolling them over to their maturity date of December 1, 2023.
Source: Terra
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