The dollar advanced against the real on Monday morning as geopolitical fears continue to keep investors away from risky assets amid expectations for US economic data ahead of the Federal Reserve’s interest rate decision next week .
At 9:07 a.m. (Brasilia time), the cash dollar advanced 0.38% to 5.0513 reais on sale. On B3, the front-month dollar futures contract rose 0.18% to 5.0590 reais.
In the latest session, the cash dollar closed the day at 5.0322 reais, down 0.43%.
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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