With a rise of 0.02%, the US currency closed this Friday at R$ 4.3926 on the sell side. At the day's high, the currency reached the R$ 4.40 range for the first time.
The dollar rose and renewed its 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.
The dollar closed the day at R$ 4.3926 on the sell side, up 0.02%. At the opening bell, it hit R$ 4.4061 – a new intraday nominal high on record. The low was R$ 4.3725.
The tourist dollar was traded at R$ 4.5882. At exchange offices, considering the IOF (Tax on Financial Operations) charge, it was offered in the morning above R$ 4.60 for purchases in paper money and R$ 4.84 on prepaid cards.
Understand the recent highs
Beyond 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 historic low interest rates in Brazil; and the outlook for the pace of growth in the Brazilian economy and the progress of reforms.