In another day of euphoria in the financial market, the dollar fell sharply and closed below R$5.30 for the first time since June 2024. The stock market rose for the 15th time in a row and once again broke a record, reaching 158 thousand points.
The commercial dollar ended this Tuesday (11) sold at R$ 5.273, with a decrease of R$ 0.034 (-0.64%). Falling throughout the day, the price operated close to stability in the first hour of trading, but plummeted after the release of official inflation in October. At the low of the day, around 12pm, it reached R$5.26.
The US currency is at its lowest value since June 6 of last year, when it was worth R$5.24. The currency accumulated a drop of 1.99% in November and 14.68% in 2025.
The commercial euro fell 0.44% this Tuesday, closing at R$6.108. The currency is at its lowest level since February 27th of this year.
The stock market also had a day of strong optimism. The Ibovespa index, from B3, closed at 158,749 points, up 1.6%. In the 12th consecutive record, the indicator accumulated the 15th consecutive increase, the biggest daily sequence since December 1993 and January 1994.
Both internal and external factors contributed to financial market performance. On the international stage, the progress of votes to end the shutdown (government shutdown) in the United States continued to push down the dollar across the planet.
In Brazil, the announcement that the Official inflation was just 0.09% in Octoberwas well received by investors. At the lowest level for the month since 1998, the lower-than-expected Broad National Consumer Price Index (IPCA) increased the chances of the Monetary Policy Committee (Copom) bringing forward the fall in the Selic Rate (the economy’s basic interest rate) for the beginning of next year.
Lower interest rates encourage the migration of fixed income investments to the stock market. This Tuesday, Copom released the minutes of last week’s meeting. The document showed confidence that inflation will converge to the target with the Selic rate remaining at 15% per year for a very long period, despite the approval of the Income Tax reform.
* With information from Reuters
