On a day of turbulence in the financial market, the dollar approached R$ 5.60, amid the increase in remittances of profits and dividends from companies abroad. THE stock had a slight fall, contrasting with the increases in the international market.
THE commercial dollar ended this Monday (22) sold at R$5.584with an increase of R$0.055 (+0.99%). The price fell in the first minutes of trading, but reversed its movement after the opening of markets in the United States.
The US currency is at its highest level since July 31, when it was at R$5.60. The currency rises 4.67% in December, but falls 9.64% in 2025.
The stock market had a losing day. The Ibovespa index, from B3, closed at 158,142 points, with a decrease of 0.21%. The drop occurred after two consecutive increases.
Despite the approval of the 2026 Budget by Congress and the record government revenue in Novemberthe dollar was pressured by the increase in the sending of profits and dividends abroad.
From January 1st, remittances abroad will pay 10% Income Tax (IR), as will sending dividends above R$50,000 per month. Large companies are taking advantage of the last days of current legislation, which guarantees exemption, to send resources abroad.
In the case of the stock market, the rise in future interest rates put pressure on the shares of most companies. Without clear indications as to whether the Central Bank (BC) will begin to reduce the Selic Rate (the economy’s basic interest rate) in January or March, future interest rates will rise.
The rise in rates encourages the migration of investments from the stock market to fixed income.
* with information from Reuters
