The dollar fell against the real this Friday (11), with investors adjusting positions after the previous day the currency had soared at the fastest pace since the beginning of the pandemic amid fears of fiscal uncontrolled under President-elect Luiz Inácio Lula da Silva. Silva.
Lula plans a PEC to accommodate extra-ceiling spending in 2023 and has invited economists associated with the PT to compose his transition team.
At 9:17 am (Brasília time), the spot dollar retreated 0.11%, at R$ 5.3911 on sale.
On B3, at 9:17 am (GMT), the first-maturity dollar futures contract rose 0.69% to R$5.4100.
The spot US currency closed the last session up 4.09%, at R$ 5.3968 on sale. It was the biggest daily percentage jump since the 4.86% jump recorded on March 16, 2020, amid the panic in the markets at the beginning of the Covid-19 pandemic, and the highest closing level since the BRL price. 5.54976 seen last July 22nd.
In this session, the BC will auction up to 16,000 traditional foreign exchange swap contracts for the purpose of rolling over the expiration date on December 1, 2022.
Source: CNN Brasil
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