The spot dollar closed lower against the real on Wednesday for the second straight session after new US labor market data strengthened perceptions that the Federal Reserve could cut interest rates as early as March 2024.
The spot dollar closed the day at 4.9022 reais, down 0.47%. In December the dollar accumulated a decline of 0.27%.
On B3, as of 5:04 pm (Brasilia time), the front-month dollar futures contract fell 0.64% to 4.9110 reais.
The North American currency has been trading lower against the real throughout the session.
Source: Terra
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