A day after reaching the highest value since March, the dollar closed with a small drop, influenced by the low volume of negotiations and the intervention of the Central Bank (BC) in the exchange rate. The stock market rallied after two days of losses but failed to keep up with the recovery in overseas markets.
The commercial dollar ended this Tuesday (21) sold at R$ 5.739, with a slight retreat of 0.07%. The price reached R$ 5.76 at the maximum of the day, around 2:30 pm, but slowed down towards the end of negotiations, until closing close to stability.
In the morning, the BC sold US$ 500 million of international reserves. In recent days, the monetary authority has intervened in the market to supply the demand for dollars by companies that send profits abroad towards the end of the year. The currency accumulates high of 1.82% in December and 10.6% in 2021.
In the stock market, the day was marked by recovery. The B3 Ibovespa index ended the day at 105,500 points, up 0.46%. The indicator approached 106,000 points at the start of trading, but lost strength during the day.
The stock exchange was benefited by shares of mining companies, which rose with the rise in the price of iron ore in the international market. The closing of a merger agreement between a subsidiary of the aircraft producer Embraer and a company abroad also contributed to the appreciation of the Ibovespa. The airline’s shares soared 16% after the announcement.
*With information from Reuters
