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Dollar touches R$ 5.20 with inflation in the USA

24/02/2023
in English

In a day of turbulence in the global market, the dollar reversed the recent declines and touched R$ 5.20 again. The stock exchange fell and closed at the lowest level since the beginning of January. The commercial dollar ended this Friday (24) sold at R$ 5.199, with an increase of R$ 0.063 (+1.23%). The quotation started the day in a small high, but started to shoot after the release of data on inflation indices in the United States. At the high of the day, around 3 pm, it touched R$ 5.21. 0.69%. The currency accumulates appreciation of 2.4% in February, but drops 1.53% in 2023. In the stock market, the day was more tense. The B3 Ibovespa index closed at 105,798 points, down 1.67%. The indicator is at the lowest level since January 4th. Both the dollar and the stock market were influenced by the global market. This Friday, the United States disclosed that consumer inflation reached 0.6% in January, accelerating in relation to December, when it had risen 0.2%. US central bank) raise interest rates more than expected, increasing the chance of a recession in the United States. High rates in advanced economies encourage capital flight from emerging countries such as Brazil.

Agência Brasil

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Tags: Dollarinflationtouchesusa

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