:strip_icc()/s03.video.glbimg.com/x720/8902818.jpg)
[ad_1]
After opening lower, the dollar changed direction and began to rise on Thursday (1), amid doubts about the financing of Bolsonaro’s Citizen program under the Bolsonaro government, but hopes for an economic stimulus package in the United States. . helped contain the discharge.
At 10:36 am, the US currency rose 0.55%, to R $ 5.6492. The maximum so far reached R $ 5.6557. See more quotes.
On Wednesday, the dollar closed with a fall of 0.37%, at R $ 5.6181, but accumulated an increase of 2.5% in September. In the year, the increase is 40.11% in the year.
The dollar’s jump of more than 40% against the real in part of the year kept the Brazilian currency in the worst performing position within a basket of more than 30 currencies in 2020, according to Reuters.
The Central Bank will hold a traditional swap auction this Thursday to roll up to 10,000 contracts expiring in March and July 2021.
After criticism, Minister Paulo Guedes talks about the Citizen Rent project
Here, fiscal concerns continue to dominate investors’ radar amid the possibility of a hole in the spending ceiling due to the economic impact of the Covid-19 pandemic and an impasse over the source of funds to finance the new social program of the government, called Citizen Rent.
After a negative impact, the Minister of Economy, Paulo Guedes, ruled out the use of money to pay the precautions to pay the Citizen Income the day before. After disagreements over the financing of the new social program, President Jair Bolsonaro summoned Guedes and members of the economic team to an emergency meeting at the Planalto Palace on Wednesday night.
Fears about the sustainability of public accounts have dominated the markets in recent weeks, adding to signs of a possible split in government between Bolsonaro and Guedes, a minister considered one of the pillars of the current administration.
The president of the Chamber of Deputies, Rodrigo Maia, has already refuted Guedes’ assertion that there were rumors that Maia, according to the left, had stopped approving privatizations. “Paulo Guedes wants to change the focus of the debate on the spending ceiling. It has no basis, it has no vote to approve the privatization and it does not have a CPMF. And is it the fault of others? “Maia said to Andréia Sadi’s Blog.
In the indicators agenda, Fundação Getulio Vargas showed that the Business Confidence Index (ICE) rose 3 points in September, to 97.5 points and returned to the pre-pandemic level.
Outside, news that the United States government delivered a new stimulus proposal to House Democrats worth more than $ 1.5 trillion buoyed international investors this morning, fueling the search for riskier currencies. , highlights Reuters.
In Europe, the eurozone industry recovery gained momentum last month, driven mainly by Germany.
Variation of the dollar in 2020 – Photo: G1
