On a day of relief for the financial market, the dollar fell sharply, both due to domestic and external factors. The stock market rose almost 2% and recovered 130 thousand points.
The commercial dollar ended this Monday (4) sold at R$ 5.783, with a decrease of R$ 0.087 (-1.48%). The price was falling all day. At the low of the day, around 1:15 pm, it reached R$5.75.
On Friday (1st), the North American currency had closed at R$5.87, the highest value in four years and the second highest nominal exchange rate since the Real Plan. Even with this Monday’s fall, the currency accumulates an increase of 1.31% in one week and 19.16% in 2024.
In the stock market, the day was also marked by recovery. The Ibovespa index, from B3, closed at 130,515 points, up 1.73%. Shares of mining companies, banks and companies linked to domestic consumption drove the rise.
The relief was repeated both in the domestic and global markets. In Brazil, the withdrawal of Finance Minister Fernando Haddad from traveling to Europe and the possibility of announcement of mandatory spending cut package Even this week, they were well received by investors.
In the external scenario, the dollar fell against the main currencies of emerging countries with the reduction of bets on Donald Trump’s victory in the United States presidential elections this Tuesday (5). Rates on US Treasury bonds, considered the safest investments on the planet, fell this Monday, which stimulates the migration of financial capital to emerging countries, such as Brazil.
*With information from Reuters
