The dollar appreciated slightly and reached the psychological threshold of 5 reais early Tuesday, after having already jumped more than 1% the day before, with investors following Brazil’s fiscal outlook with greater pessimism, while keeping an eye on interest expectations. rate cuts in the United States.
At 9:03 am (Brasilia time), the cash dollar advanced 0.24%, to 5.0000 reais on sale.
On B3, as of 9:03 a.m. (Brasilia time), the front-month dollar futures contract rose 0.17% to 5.0040 reais.
A day earlier, the North American currency closed sales at 4.9878 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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