The dollar began to fall against the real shortly before 10 am on Friday (8), recording a 0.19% decline, at R$ 4.745.
Earlier, the US currency fluctuated between stability and slightly higher, as investors digested a stronger-than-expected reading of the March IPCA and its implications for local monetary policy, while abroad, the US currency index American market hovered around two-year highs.
The Broad National Consumer Price Index (IPCA) rose 1.62% last month, the IBGE said on Friday. In the 12-month period up to March, the index rose 11.30%.
search of Reuters pointed out that analysts’ expectations were up 1.30% in March and 10.98% in 12 months.
At 9:14 am (Brasília time), the spot dollar advanced 0.26%, at R$4.75 on sale, on its way to interrupting a sequence of five consecutive weekly devaluations.
On B3, at 9:14 am (Brasília time), the first-maturity dollar futures contract was down 0.14% to R$4.77.
The spot US currency rose 0.55% the day before, at R$4.74 on sale.
In this session, the Central Bank (BC) will auction up to 15 thousand traditional foreign exchange swap contracts for the purpose of rolling over the maturity date of June 1, 2022.
Source: CNN Brasil
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