Due to the Moro crisis, the dollar opened again on a high this Friday (24), renewing historical maximums of nominal quotation. Everything indicates that this peak only has a tendency to grow.
The political tension surrounding the dismissal of the director general of the Federal Police and the expectation that Judge Moro will announce his departure this Friday is the main reason for the increase.
Early on, the dollar was being sold for R$ 5.5747, up 0.84%. The maximum so far reached R$ 5.5822, the tendency is to close with another record.
Yesterday the dollar also ended at a strong high of 2.21%, R$ 5.5285, a new nominal closing record, however, at the high of the day during business, it reached R$ 5.5300. However, for the month, the coin has accumulated a high of 6.40%. In the year, the appreciation is 37.87%.
Political crisis with Moro and high currency.
The Central Bank, in an official communiqué, announced for this Friday dollar line auctions and currency swap contracts for rolling over maturities in both instruments, with a total offer of US1TP4Q 3.5 billion.
Political tension with Moro remains, but we don't know for how long. Sergio Moro's workmates stated that he was taken by surprise with the publication, in the "Official Gazette" this Friday (24), of the exoneration of delegate Maurício Valeixo.
In addition, according to the minister's interlocutors, Moro really did not like President Jair Bolsonaro's decision, and therefore intends to announce his departure from the government at a press conference scheduled for 11 am at the ministry's headquarters.
Financial market in instability again.
According to Globo's publication, just the day before, financial markets in Brazil worsened sharply after news that the Minister of Justice and Public Security, Sergio Moro, would have resigned after President Jair Bolsonaro's decision to change the director-general of the Federal Police .
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Source: G1 Economy
