The dollar oscillated between stability and a slight drop against the real in the first trades on Monday (28), trying to extend its losses to a ninth consecutive trading session after a series of recent devaluations that took it to minimums since March 2020.
At 9:12 am (GMT), the spot dollar retreated 0.05%, to R$ 4.7444 on sale.
On B3, at 9:12 am (BrasÃlia time), the dollar futures contract with the first maturity was stable at R$ 4.7510.
The spot dollar closed the last session down 1.74%, at R$ 4.7469 on sale.
Last Friday (25), the appreciation of the real against the dollar completed a four-week cycle. The last time the Brazilian currency lost to the American currency in the weekly close was on February 25, the day after Russian troops invaded Ukraine.
The dollar closed this Friday’s trading session at R$ 4.7470. The fall was 1.77% compared to the previous day. This is the lowest price since the BRL 4.72 recorded at the end of the session on March 11, 2020, the day the WHO (World Health Organization) declared the Covid-19 pandemic.
Last week the US currency plunged 5.38%. In the accumulated of 2022, the dip reached 14.86%.
with Reuters
I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.