The dollar advanced against the real for the third consecutive session on Wednesday as international markets moderated bets that the Federal Reserve would cut interest rates this year.
At 9:09 a.m. (Brasilia time), the cash dollar advanced 0.29% to 4.9412 reais on sale.
On B3, as of 9:09 a.m. (Brasilia time), the front-month dollar futures contract rose 0.3% to 4.9500 reais.
A day earlier, the spot dollar had closed the day at 4.9268 reais, up 1.23%.
This session, the Central Bank will auction up to 16,000 traditional currency swap contracts with the aim of rolling over the March 1, 2024 expiration date.
Source: Terra
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