Understand why the dollar is high this year 2020

With a high of 0.02% the US currency closed this Friday at R$ 4.3926 in the sale. At the high of the day, the coin reached the range of R$ 4.40 for the first time.

The dollar rose and renewed the record nominal closing level (without considering inflation) this Friday (21). At the session high, the US currency reached the R$ 4.40 range for the first time.

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The dollar ended the day at R$ 4.3926 on the selloff, up 0.02%. At the opening, it hit R$ 4.4061 – a new intraday nominal high ever recorded. The low was at R$ 4.3725.

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dólar recorde

The tourism dollar was traded at R$ 4.5882. In exchange offices, considering the IOF (Financial Operations Tax) charge, in the morning it was offered in the morning above R$ 4.60 for purchases in currency and R$ 4.84 on the prepaid card.

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Understand the recent highs

After concerns about the impact of the coronavirus on the global economy, there are other points to consider: the appreciation of the dollar in recent weeks has also reflected interest rates at historic lows in Brazil; perspectives on the pace of growth of the Brazilian economy and the progress of reforms.

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