Dollar operates at a strong high, obtaining a jump of 6% at the opening. Central Bank takes action with auction announcements and manages to slow down the currency
This Thursday (12) at 2:11 pm the US currency rose 1.54% to R$ 4.79. Earlier in the opening, it reached a jump of 6%, beating R$ 5.02, assuming the new nominal maximum already registered in the country (disregarding inflation).
In the year, the dollar accumulates appreciation of 19.26% against the real.
The tourist dollar was traded at R$ 5.0842, without considering the IOF charge. At exchange offices, the dollar was sold above R$ 5.10. For purchases made with a prepaid card, the quotation exceeded R$ 5.30.
The high lost strength after the Central Bank acted strongly in the foreign exchange market, and the US Central Bank communicated an injection of US$ 1.5 trillion to try to calm investors. The commercial dollar closed higher at 1.38%, at R$ 4.786 on the sell. This is the highest nominal closing value since the creation of the Real.
Stock Exchange to again
The stock exchange had business paralyzed again this Thursday, after the second "circuit breaker" of the day was triggered. At 1:19 pm, the Ibovespa had fallen by 17.71%, to 70,087.
The Central Bank acted intensively in the foreign exchange market, with an offer of up to US$ 2.5 billion in spot currency, canceling the initial sale announcement of up to 1.5 billion made the day before. It was the only measure that managed to stop the rise of the dollar a little.
“The Central Bank was unable to sell everything offered in the auctions because there is no spot demand. There is demand in the future (dollar), a protective measure.” said Jefferson Laatus, partner and founder of the Laatus group.
The day before, the dollar ended the day at R$ 4.7215, up from 1.65%. This week the dollar accumulated up to Wednesday's high of 1.88%. And in the March partial, the advance is 5.37%.
Before the current round of auctions, the Central Bank had not carried out this type of operation since December 20 last year.
The current dollar auctions for reserves have taken place alternately with currency swap offers.
