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May 23, 2022
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With third fall in a row, dollar closes the day quoted at R$ 4.80

Dollar closes stable with a rise of 0.09%

After closing last Friday’s trading session (20) with a drop of 0.98%, the dollar continued to retreat against the real this Monday (23), and closed the day quoted at R$ 4.8075 – a drop of 1 .31% and well below the 50-day linear moving average.With third fall in a row, dollar closes the day quoted at R$ 4.80

In the accumulated result for the month of May, the US currency has already retreated 2.79%. With the performance, the dollar accumulates a fall of 13.7% in 2022. After soaring in the first quarter, the real lost steam as of April, and remained below the highs of the year, oscillating practically in sync with the performance of the dollar in the international market.

On the stock exchange, the Ibovespa closed the day at the highest level in almost a month, on the back of gains in New York and an impulse from stocks of commodities locations.

Large banks and Petrobras were the companies that drove the rise. According to the international news agency Reuters, the Ibovespa rose 1.93%, to 110,582.52 points, the third consecutive rise and the biggest closing since April 25. The financial volume was 23.3 billion reais.

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