On a day of turbulence in the financial market, the dollar rose amid the unfavorable climate abroad and tensions surrounding the provisional measure that increases taxation on investments. The stock market fell for the second time in a row and returned to early September levels.
The commercial dollar closed this Tuesday (7) sold at R$5.351, up R$0.04 (+0.75%). Rising throughout the session, the price slowed down to R$5.32 during the morning, but accelerated again during the afternoon until closing close to the day’s high.
The US currency is at its highest value since September 25th. The currency rose 0.51% in October, but fell 13.43% in 2025.
The stock market also had a tense day. B3’s Ibovespa index closed at 141,356 points, down 1.57%. The indicator reached the lowest level since September 4th.
Both internal and external factors contributed to instability in the financial market. In the international market, there was a movement of global risk aversion that caused the dollar to rise across the planet. In addition to the shutdown of the American government, the political crisis in France, with the request for the resignation of the country’s new prime minister, weighed on the European market.
In Brazil, the possibility that the provisional measure that taxes investments to compensate for the dehydration of the decree that raised the Tax on Financial Operations (IOF) brought tensions. The measure needs to be voted on by tomorrow (8) to avoid losing its validity. At the end of the afternoon, the Minister of Finance, Fernando Haddad, announced an agreement to votewith the text being approved by the special Congress committee in the early evening.
* with information from Reuters
