The dollar remains abroad and rises above R$5 with caution on the Fed

The dollar opened higher this Friday, returning above 5 reais in line with external caution, as investors continued to reflect strong data from the United States and await speeches from Federal Reserve authorities.

At 9:07 a.m. (Brasilia time), the spot dollar rose 0.42% to 5.0006 reais on sale. On B3, the front-month dollar futures contract rose 0.51% to 5.0015 reais on sale.

A day earlier, the US cash currency gained 0.11%, to 4.9797 reais on sale.

In this session, the Central Bank will auction up to 16 thousand traditional currency swap contracts with the aim of rolling them over until the expiry date of June 3, 2024.

Source: Terra

Rose

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