Dollar drops to R$5.10 after Haddad’s statements on reforms

Dollar drops to R$5.10 after statements by Haddad on reformsThe financial market had a day of relief, influenced by statements by the Minister of Finance, Fernando Haddad, on tax reforms and the fiscal framework and by the recovery of commodities (primary goods with international quotation). The dollar was close to R$5.10 again, and the stock exchange rose more than 2%. The commercial dollar ended this Tuesday (17) sold at R$5.106, down R$0.043 (- 0.84%). The quotation opened stable, but began to operate downwards in the first minutes of trading, until consolidating around R$ 5.10 during the afternoon. At the day’s low, around 2 pm, the US currency reached R$ 5.09. With today’s performance, the dollar accumulates a 3.3% drop in 2023. recovery. The B3 Ibovespa index closed at 111,439 points, up 2.04%. After three consecutive falls, motivated in part by the accounting scandal at Lojas Americanas, the indicator rose again influenced by the rise in commodities, which benefited Petrobras shares, the most traded shares. Petrobras rose 7.04%. Preferred shares (with priority in the distribution of dividends) appreciated by 6.16%. On the other hand, the actions of Lojas Americanas dropped 2.06% today, after falling 36.41% yesterday (16). well received by investors. During the World Economic Forum, he stated that the government intends to send, by April, the proposal of the new fiscal framework to the National Congress, and that it intends to approve the reform of taxes on consumption in the first semester and leave the changes in the Income Tax to the following half. covid-19.*With information from Reuters

Agência Brasil