On the day of US President Donald Trump’s inauguration, the dollar closed lower after opening higher. The stock market started the day down, but rose and approached 123 thousand points.
The commercial dollar ended this Monday (20) sold at R$ 6.041, a drop of R$ 0.024 (-0.4%). The price started the day on a high, reaching R$6.09 shortly before 10 am, but reversed its movement after the opening of the North American market.
This was the first drop after two consecutive rises. In January, the United States currency falls 2.25%.
The stock market had a day of fluctuations. The Ibovespa index, from B3, closed at 122,855 points, up 0.41%. The indicator rose for the second session in a row, driven by oil and bank shares.
The dollar retreated across the planet, with no surprises in the Trump’s inauguration speech. The lack of detail in mentions of increasing trade tariffs by the new North American government benefited emerging countries this Monday.
In Brazil, the sale of US$2 billion of international reserves by the Central Bank (BC) with a repurchase commitment also contributed to the fall of the US currency. That was the BC’s first intervention in the exchange rate since the inauguration of the body’s president, Gabriel Galípolo.
For this Tuesday (21), the BC did not announce intervention in the exchange rate. In December, the monetary authority had sold US$32.59 billion, amid a strong devaluation of the real.
*With information from Reuters
