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The spot dollar rose 2.54% on Friday to 5.6681 reais on the sale, a record for the close of a session. At the peak of the day, the currency was 5.7491 reais, up 4.00%
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247, with Reuters – The currency market experienced a stressful Friday, with the dollar rocketing to a new all-time record near 5.75 reais and accumulating the largest weekly increase in more than 11 years, in a week marked by the market reaction to signaling. for monetary policy and the increase in internal political instability.
The various foreign exchange auctions held by the Central Bank in this session helped to soften the demand for the currency, but still the dollar closed strongly.
The spot dollar rose 2.54% on Friday to 5.6681 reais on the sale, a record for the close of a session. It is the largest increase since March 18 (+ 3.94%).
At the day’s peak, the currency was 5.7491 reais, up 4.00%.
During the week, the price rose 8.25%, the biggest gain since the week ending November 21, 2008 (+ 8.38%), at the height of the global financial crisis.
In April, the dollar gains 9.12% and jumps 41.25% in 2020.
The real led global losses for the second consecutive session and remains the worst performing currency of the year.
In B3, the future dollar rose 2.00% to 5.6490 reais at 17:08 this Friday.
As a result, the real had the highest weekly devaluation since 2008, when the dollar rose 13% in the first week of October, during this year’s financial crisis.
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