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June 22, 2022
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The dollar rises and approaches $ 40 in the interbank

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The dollar opened higher this Wednesday in the local exchange market, in a day where the greenback advances in Brazil and also globally

The currency was trading this midday at $39.94 on the wholesale averageslightly above $39,814 on Tuesday where the currency had traded down 0.5%, according to data from the Electronic Stock Exchange (Bevsa).

For its part, on the board of the Bank (BROU), the dollar was offered at $38.60 for purchase and $41 for sale.

At regional level, in Brazil, the dollar was trading higher from 0.22% to 5.1386 reais per unit.

At a global level, the Dollar Index that measures the value of the US dollar in relation to a basket of foreign currencies rose 0.26% to 104.163 units.

US bags

In the US, the Dow Jones rose 0.45%, the Nasdaq 1.27% and the S&P 500 0.72%.

The president of the Federal Reserve (Fed) of the United States, Jerome Powell, acknowledged on Wednesday that inflation “surprised” the monetary authorities and warned that there may be “other surprises.”

In a speech to Congress, Powell also says that the US economy is strong enough “to face a monetary tightening.”

At its last meeting in mid-June, the monetary committee surprised markets by deciding at the last minute to raise rates by 0.75 percentage point, a rise not seen in nearly 28 years.

The Observer and AFP

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