Dollar goes to R$ 5.67 and closes at the highest value in more than six months

Dollar closes practically stable, sold at R$ 5.68

After starting the day at a strong high, the dollar eased the pace and closed this Friday (17) practically stable. The stock market fell under the influence of the external market, after two consecutive days of high.Dollar closes practically stable, sold at R$ 5.68

The commercial dollar ended this Friday sold at R$ 5.685, with an increase of just 0.1%. The currency rose to R$ 5.71 at the maximum of the day, around 10 am, but slowed down as exporters took advantage of the advantageous quotation to sell dollars.

With today’s performance, the dollar closed the week up 1.26%. The currency accumulates high of 0.87% in December and 9.56% in 2021. Unlike in recent days, the Central Bank (BC) did not intervene in the exchange rate this Friday.

In the stock market, the day was marked by adjustments. After two consecutive rises, the Ibovespa index, from B3, closed this Friday at 107,201 points, with a decrease of 1.04%. In the week, the indicator fell 0.52%, ending a two-week streak of gains.

Two factors affected the stock market. The first was the decision of some central banks to raise interest rates, as in the UK, and the repercussions of this week’s Federal Reserve (Fed, US Central Bank) meeting, in which the US monetary authority announced its intention to raise base rates three times in the next year. The second factor was the expiration of option contracts, which pulled down the most traded stocks.

* With information from Reuters

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