The dollar falls slightly after opening in the last session of the week

The dollar falls slightly after opening in the last session of the week

The dollar swung slightly lower against the real in early trading on Friday, in the final session of a week characterized by investor concerns over Brazil’s fiscal outlook and better-than-expected inflation data in the United States.

At 9:17 a.m., the spot dollar fell 0.20% to 5.3575 reais on sale. On B3, the front-month dollar futures contract fell 0.19% to 5.3645 reais.

A day earlier, the cash dollar closed the day on sale at 5.3680 reais, down 0.66%.

In this session, the Central Bank will auction up to 12 thousand traditional currency swap contracts with the aim of rolling them over until the expiry date of August 1, 2024.

Source: Terra

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