Dollar opens lower with external uncertainties and heads for weekly retreat

O dollar fell shortly after the opening of this Friday (21), in line with the strengthening of the US currency in the international market amid fears of monetary tightening in the main economies and escalating political uncertainty in the UK .

At 9:41 am, the spot dollar retreated 1.07%, to R$5.218 on sale, on its way to ending the week well below last Friday’s closing price of R$5.3234.

Meanwhile, in Brazil, investors monitored the political news, with the country about to enter the final week of the campaign before the presidential election.

On B3, at 9:07 am (GMT), the first-maturity dollar futures contract rose 0.56% to R$5.2540.

The day before, the spot US currency lost 1.11%, at R$5.2168 on sale, the biggest daily depreciation since the 4.025% fall recorded on the last day 3 and the lowest closing price since Monday of the week past (5.1921).

In this session, the Central Bank will auction up to 16 thousand traditional foreign exchange swap contracts for the purpose of rolling over the maturity date of November 1, 2022.

Source: CNN Brasil

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