In a day of relief in the international market, the dollar fell again and closed at the second lowest price of the year. The stock market had a strong recovery and touched 114 thousand points after four consecutive falls.
The commercial dollar closed this Wednesday (9) sold at R$ 5.011, with a fall of R$ 0.043 (-0.84%). The price operated below BRL 5 for most of the day, reaching BRL 4.98 around 1:40 pm. However, towards the end of the day, investors took advantage of the low price to buy dollars, making the currency once again overcome the BRL 5 barrier.
The US currency accumulates a fall of 2.81% in March. In 2022, the decline reaches 10.14%.
The stock market also had a day of euphoria. The B3 Ibovespa index closed at 113,900 points, up 2.43%. The indicator followed stocks around the world, which rallied amid a temporary easing of oil shortages and a prospect of a ceasefire for the creation of humanitarian corridors in Ukraine.
Today, the International Energy Agency announced the release of 62.7 million barrels of oil from member countries’ stockpiles. The increase in supply brought relief to the market. The price of a barrel of the Brent type (used in international contracts) dropped 13.16%, to US$ 111. Yesterday (8), the barrel had closed at US$ 128.
In relation to the dollar, the currencies of the main emerging countries and Eastern Europe appreciated, in a global movement in search of riskier investments. In Brazil, high interest rates, above 10% per year, and the reallocation of flows from Russia to other emerging economies have kept the inflow of foreign exchange into the country.
*With information from Reuters
