Dollar rises to R$ 5.11, but ends week in decline

On a day of correction in the financial market, the dollar rose again to above R$ 5.10, but ended the week in a fall. The stock exchange fell for the second consecutive day, with investors selling stocks that appreciated in recent days. ). The quotation even operated downwards during the morning, falling to R$ 5.05 around 10 am, but reversed the movement after the opening of the North American market. During the afternoon, it operated close to stability, but accelerated in the final two hours of trading. Despite today’s high, the US currency fell 1.84% in the week. In 2023, the currency accumulates a drop of 3.18%. In the stock market, the day was marked by the sale of shares. The Ibovespa index, from B3, closed at 113,316 points, with a drop of 1.63%, and accumulated an increase of just 0.25% in the week. The indicator operated downwards throughout the day, pressured by the sale of shares that had risen at the beginning of the week. , Jean Paul Prates. Ordinary shares (with votes at shareholders’ meetings) fell by 2.27%. Preferred shares (with priority in the distribution of dividends) lost 2.21%. In the international market, the dollar operated with a small rise against the main foreign currencies. In relation to the real, however, the US currency rose more because it had fallen more than the average in recent days. The Brazilian stock exchange did not follow the North American stock markets, which rose in anticipation of the Federal Reserve meeting (Fed, Central Bank of the United States) next week.*With information from Reuters

Agência Brasil