After another day of tension in the global market, the dollar closes at R$ 5.26 and hits a new nominal record. Stock exchange fell close to 3%.
In another day of panic in the global markets, the stock exchange dropped almost 31TP3Q and returned to last week's levels. This Wednesday (1), the commercial dollar ended the day being sold at R$ 5.261, up from R$ 0.067 (+1.29%).
On the day, the dollar reached the mark of R$ 5.27, and again broke a new nominal record in the history of the creation of the real. Soon after, the Central Bank (BC) intervened in the market.
The Central Bank sold US$ 645 million of international reserves. The BC also renewed US$ 500 million in foreign exchange swap contracts – equivalent to the sale of dollars in the futures market – which would expire in May. The currency accumulates a high of 31.11% in this year.
The Ibovespa index, from B3, the Brazilian stock exchange, ended the day at 70,967 points, with a fall of 2.81%. This year, the indicator accumulates a drop of 38.63%.
The index followed the overseas market, affected by prospects that the US economy will be more affected by the coronavirus pandemic than expected. The Dow Jones index, of the New York Stock Exchange, ended the day with a drop of 4.44%.
Petroleum
This Wednesday the intensification of the oil price war between Saudi Arabia and Russia gave a truce. Oil production is being increased by both countries, which has led to a worldwide drop in prices.
Yesterday (31), the price of a barrel of the Brent type reached the lowest level since 2002. It reached US$ 22.74, today around 6 pm it was at US$ 25.61. This rise contributed to the rise in Petrobras shares, which are the most traded on the stock exchange. Common shares (with voting rights at shareholders' meetings) appreciated by 0.5% this Wednesday. Preferred shares (with preference in the distribution of dividends rose by 2.22%.
