The dollar advanced against the real in the first trades this Wednesday, after the Chamber approved on the eve a change in the Law of State Companies that reduces to just one month the mandatory quarantine for people linked to the decision-making structure of political parties or electoral campaigns take up positions in state-owned companies.
The proposal was approved on the same day that the president-elect, Luiz Inácio Lula da Silva, announced the former senator and former minister Aloizio Mercadante as the future president of the National Bank for Economic and Social Development (BNDES), in a move that displeased the financial market.
At 9:09 am (BrasÃlia time), the spot dollar advanced 0.60%, at 5.3416 reais on sale.
On the B3, at 9:09 am (BrasÃlia time), the first contract dollar futures contract rose 0.87%, to 5.3610 reais.
On the eve, the US currency in sight closed with a negative variation of 0.04%, at 5.3098 reais on sale.
The Central Bank will hold an auction of up to 16,000 traditional exchange rate swap contracts in this trading session for the purpose of rolling over the maturity of January 2, 2023.
Source: CNN Brasil
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