On a day of relief in the foreign and domestic markets, the dollar dropped significantly and closed below R$5.50 for the first time since November. The stock market rose sharply and once again surpassed 108,000 points.
The commercial dollar ended this Wednesday (19) sold at R$ 5.466, with a decrease of R$ 0.094 (-1.7%). The currency operated lower throughout the session, but accelerated the decline from the end of the morning.
That was the first drop after two straight ups. The quotation is at the lowest level since November 12, before the vote on the constitutional amendment that split the precatories (government debts definitively recognized by the courts). With today’s performance, the currency accumulates a low of 1.97% in the first days of 2022.
In the stock market, the day was also marked by a truce. The B3 Ibovespa index closed at 108,013 points, up 1.26%. The indicator was driven by shares of retail companies, which had fallen a lot in recent weeks and became cheap, and by companies linked to commodities (primary goods with international quotations).
The Ibovespa moved away from the US stock exchanges, which closed down. Regarding the exchange market, the dollar had a day of truce across the planet, after having risen yesterday (18). At the same time, there was a global rise in commodity prices, which benefited emerging countries such as Brazil.
* With information from Reuters
