Influenced by the outside world and by the Monetary Policy Committee (Copom) meeting, the financial market had a day of recovery. The dollar approached R$5.40. The stock market closed practically stable, exceeding 159 thousand points.
The commercial dollar ended this Thursday (11) sold at R$ 5.404, with a drop of R$ 0.064 (-1.17%). The price started the day on a high, but reversed its movement during the morning. At the low of the day, around 4pm, it reached R$5.39.
Even with the strong fall this Thursday, the US currency accumulated an increase of 1.29% in December. In 2025, the currency falls by 12.56%.
The stock market had a more volatile day. After rising 0.48% at 1:52 p.m., B3’s Ibovespa index lost strength in the final hours of trading and closed the day at 159,189 points, up just 0.07%. Shares of mining companies prevented the stock market from falling.
Both internal and external factors influenced the market. In Brazil, the harsh tone of the statement from the Copomwhich did not say whether the Central Bank (BC) intends to start cutting interest rates in January, encouraged the inflow of dollars.
Among international factors, investors took advantage of the difference between the Selic Rate, maintained at 15% per year, and the basic interest rates in the United States, reduced by 0.25 percentage points by the Federal Reserve (Fed, the country’s Central Bank), to 3.5% to 3.75% per year.
Higher rates in Brazil and lower rates in advanced economies encourage the migration of capital to the Brazilian market, reducing pressure on the dollar and the stock market.
*with information from Reuters
