The dollar posted its second consecutive session decline against the real on Wednesday, in line with the U.S. currency’s decline abroad and a rise in commodities such as iron ore, after China announced measures to stimulate its economy.
The spot dollar closed the day at 4.9321 reais, down 0.47%. In two days, the currency accumulated a decline of 1.12%. Despite this, the dollar gained 1.66% in January.
On B3, as of 5:05 pm (Brasilia time), the front-month dollar futures contract fell 0.48% to 4.9355 reais.
Source: Terra
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