This Thursday, the dollar rose 1.54%, quoted at 4.651 on sale. At the high of the day, it reached R$ 4.67.
Operating for the 12th consecutive session on the rise, the dollar arrived on Thursday (5) to hit the level of R$ 4.60 right at the opening. Even in the face of a scenario of expectation of interest rate cuts due to the economic effects of the coronavirus. On March 17th and 18th, the Central Bank's Monetary Policy Committee will meet to deliberate on interest rates, which are currently at a record low of 4.25% per year.
The tourism dollar was traded at R$ 4.8582 without considering the IOF (Tax on Financial Operations). And at exchange offices, it was being traded above R$ 5.07 in purchases made with a prepaid card. The day before, the dollar ended the session at a high of 1.51%, at R$ 4.5790, a new nominal closing record (without considering inflation). In the year, the accumulated high already exceeds 15%.
Dollar rises even with BC intervention
After another day of tensions in the financial market, the dollar rose and once again hit a nominal record since the creation of the real. Not even the interventions of the Central Bank were able to hold the quotation. The stock exchange retreated almost 5% and had its biggest daily drop in a week.
Adding up since the beginning of the year, the dollar has already accumulated appreciation of 15.9%. The commercial euro also hit a nominal record and closed at 5.198, up 1.8%. In 2020, the real became the most devalued currency in the world.
If the Central Bank had not interfered, the exchange rate could have been higher. The monetary authority auctioned US$ 2 billion in new swap exchange rate, which are equivalent to the sale of dollars in the futures market. The Central Bank held one auction in the morning and one in the afternoon. Earlier in the evening, the Bank announced that it will auction another US$ 2 billion in swap this Friday (6).
The day in the stock market was also hovering with tensions. The B3 Ibovespa index ended the day at 102,233 points, down 4.65%. That was the biggest daily drop since the 26th, when the index dropped 7%.
