The dollar fell against the real in the first trades this Monday (14), in an adjustment movement after registering its best week in two and a half years and despite the aversion to risk abroad, while investors were waiting for the definition of the text of the Transition PEC, which the elected government of Luiz Inácio Lula da Silva seeks to allow for extra-ceiling spending in 2023.
At 9:18 (Brasília time), the spot dollar retreated 1.01%, to 5.2762 reais on sale, in a session that should have reduced volumes as it is the eve of a holiday in Brazil.
On B3, at 9:18 am (GMT), the first-maturity dollar futures contract was down 1.48% to 5.2935 reais.
In the last session, the U.S. spot currency fell 1.24% to 5.3299 reais on sale, but shot up 5.49% last week, the biggest weekly gain since May 2020.
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 December 1, 2022.
(By Luana Maria Benedito)
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
