The dollar hovered near stability against the real in early trading on Thursday, in line with low volatility in global markets as investors await fresh U.S. labor market data and the European Central Bank’s monetary policy decision.
At 9:06, the spot dollar was down 0.01% at 5.6493 reais for sale. On B3, the front-month dollar futures contract fell 0.28% to 5.662 reais.
The cash dollar closed slightly lower by 0.10% on Wednesday, trading at 5.6498 reais.
In this session, the Central Bank will auction up to 12,000 traditional foreign exchange swap contracts with a view to rolling them over to their maturity date on 1 November 2024.
Source: Terra
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