Economy

Dollar retreats at the opening with China and tax on the radar

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The dollar showed a slight drop in the first trades against the real this Tuesday (17), with investors eyeing the external scenario after economic data from China and, locally, still digesting news and government decisions that impact the fiscal agenda.

Finance Minister Fernando Haddad has an extensive agenda at the World Economic Forum in Davos, including bilateral meetings with IMF Director General Kristalina Georgieva and German Finance Minister Christian Lindner.

At 9:11 am (Brasília time), the spot dollar retreated 0.11%, to R$ 5.1426 in the sale.

This Monday (16), the Stock Exchange closed lower, while the dollar and interest rates rose, with investors reacting to Americanas news over the weekend and to information that President Luiz Inácio Lula da Silva (PT) wants to give a greater readjustment to the minimum wage.

The Ibovespa closed the day down 1.54%. to 109,212 points. The spot commercial dollar rose 0.78% to R$5.147.

Interest rates closed at an all-time high, with maturities in 2024 rising from 13.44% at the close of last Friday (13) to 13.54%. For 2025, the rate rose from 12.41% to 12.63%. For 2027, the advance was from 12.20% to 12.48%.

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