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The US currency rose 0.19% and closed at R$ 4.3650. The daily high was R$ 4.3775.
The dollar closed higher on Tuesday (19), renewing its closing high, one day after the president of the Central Bank said he was calm about the exchange rate and with investors paying attention to the coronavirus news.
On Wednesday (19), the US currency rose 0.19%, to R$ 4.3650. At the day's high, the currency hit R$ 4.3775. In the partial month, the dollar has accumulated a rise of 1.87%. In the year, the advance is 8.86%.
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Why the rise of the dollar?
After concerns about the impact of coronavirus on the global economy, there are other points to consider:
The dollar's appreciation in recent weeks has also reflected interest rates at historic lows in Brazil; the outlook for the pace of growth in the Brazilian economy; and the progress of reforms.