Dollar rises again this Thursday (20), reaching R$ 4.40 and updating the closing record. All this amidst the strength of the US currency abroad and the absence of more positive prospects for the real.
The US currency hit a new high and was sold at R$ 4.3917. Up from 0.61%.
The currency set a new nominal closing record (without considering inflation). At the daily high, it reached R$ 4.3982 – the highest intraday quote ever recorded.
Concomitantly, the tourism dollar was traded at R$ 4.5877, disregarding the IOF charge.
The dollar accumulates a high of 2.49% in the monthly partial. And marks advance of 9,52% in the year.
"It's more of the same," Italo Abucater, currency manager at Tullett Prebon, told Reuters of this session's movement.
“The (US) currency was already appreciating on the global stage. The international one is all bad, and the real one can have some distorted bumps one day or another, working in line with the exterior”, reiterates Italo.
According to Abucater, the national scenario also contributed to the dollar's turn. Given the lack of flow prospects, the delay in economic reforms and low interest rates in Brazil, reducing the attractiveness of the real.
“We have no interest, so there is no premium for investors. The Central Bank speaks of the end of the cycle (in interest rate cuts), but the activity indicates that another cut will be necessary. And that will affect the dollar,” he adds.
Outside Brazil, the new coronavirus in China continues to be the main point of attention for operators and investors. That, despite the drop in new infections on Thursday, reacted to the news that scientists warned about the possibility of the pathogen spreading more easily than expected. This ended up exacerbating fears about the economic impact of the disease and generating risk aversion.
