The dollar closed falling against the real this Tuesday (23), marking the third consecutive session in the red, in another day of price adjustments after the surge in recent weeks, in a movement favored by the fall of the North American currency in the exterior.
The day before, the dollar in cash closed the day at R$5.1697 on sale, down 0.56%. In this session, the Central Bank auctioned up to 12 thousand traditional currency swap contracts for the purpose of rolling over the maturity date of July 1, 2024.
What is the dollar exchange rate today?
The spot dollar closed 0.74% lower, at R$5.130 for sale and purchase. At 5:36 pm (Brasília time), the first-month dollar futures contract fell 0.82%, to 5,133 points.
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Commercial dollar
Sale: R$5,130
Purchase: R$5,130
Continues after advertising
Maximum: R$5,189
Minimum: R$ 5,119
Tourism dollar
Sale: R$5,339
Purchase: R$ 5,159
At the beginning of the trading session, the American currency began to operate in the positive field, recovering part of its value against the real after having lost in the previous two sessions. The movement was in line with the advance of the US currency abroad. The release of relatively weak figures for the North American economy, however, put the dollar back into negative territory.
S&P Global said its Composite Purchasing Managers’ Index (PMI) of U.S. production, which tracks the manufacturing and services sectors, fell from 52.1 in March to 50.9 in April. A reading above 50 indicates expansion in the private sector.
The manufacturing sector entered contraction territory, with the preliminary PMI falling from 51.9 to 49.9. The services index fell from 51.7 to 50.9 in April.
After the numbers, released at 10:45 am, Treasury yields lost strength, as did the dollar against most other currencies.
The domestic news did not have a negative impact on the markets this Tuesday. Federal revenue had a real increase of 7.22% in March compared to the same month of the previous year, to R$ 190.611 billion, marking the best performance in the historical series that began in 1995.
The tax reform regulation text, in turn, has already been approved by President Luiz Inácio Lula da Silva and is now in the preparation phase for submission to Congress.
(with Reuters)
Tags: Dollar today engages #3rd consecutive drop adjustments positive outlook
