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September 30, 2022
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Dollar rises to R$5.39 in another nervous day abroad

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

Influenced by nervousness abroad, the dollar touched R$5.40, after operating above that level for most of the day. The stock market, which yesterday (28) had closed stable, fell again today with the fall of North American stock markets.

The commercial dollar ended this Thursday (29) sold at R$5.396, up by R$0.046 (+0.86%). The price reached R$ 5.42 around 11:15 am, but slowed down throughout the afternoon.

With today’s performance, the US currency accumulates a high of 3.73% in September. In 2022, the currency drops 3.23%.

The stock market also had a tense day. The B3 Ibovespa index closed at 107,664 points, down 0.73%. The indicator was influenced by the fall of US stock markets, but bank shares helped to hold back losses. The stock market is at its lowest since Aug.

The dollar had another high day across the planet, after a director of the Federal Reserve (Fed, US Central Bank) declared that the agency will continue to raise interest rates to contain inflation, even if the United States enters a recession. . Higher rates in advanced economies encourage the flight of resources from emerging countries such as Brazil.

In addition, rising inflation in several countries in Europe and escalating tensions in the war between Russia and Ukraine have brought more instability to the financial market.

*With information from ReutersDollar rises to R$5.39 in another nervous day abroad

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