The dollar reversed earlier losses and closed higher against the real this Wednesday (22), following a worsening in international markets due to statements by the president of the Federal Reserve (the American central bank), Jerome Powell.
The spot US currency rose 0.50%, at 5.1791 reais on sale, after having dropped 0.50%, at 5.1274 reais, at a certain point in the negotiations.
The day’s focus was on comments by Powell to the US Congress, in which he said the Federal Reserve was “strongly committed” to reducing inflation – the most intense in 40 years – and acknowledged the risks that higher rates could pose to the activity of the world’s largest economy.
In the domestic scenario, some market participants pointed to the news involving Petrobras and fiscal risks as a factor of support for the dollar, which usually
Year-to-date, the dollar is down 7% against the real.
The Stock Exchange closed practically stable this Wednesday, after almost losing the level of 98 thousand points at the worst moment of the day.
Reference index of the Brazilian stock market, the Ibovespa retreated 0.09%, to 99,595.45 points, according to preliminary data. Earlier, it renewed its lowest since November 2020, at 98,050.02 points. The financial volume on the trading floor totaled 21.7 billion reais.
*With information from Reuters Agency
