The dollar operates lower this Friday (10), with investors taking profits after the jump in the American currency the day before, while markets continue to keep an eye on the monetary policy of the Federal Reserve (Fed) and the divisions within the board of directors of the Central Bank of the United States. Brazil.
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What is the dollar exchange rate today?
At 9:24 am (Brasília time), the spot dollar fell 0.30%, to R$5.126 for purchases and R$5.127 for sales. On B3, the first-month dollar futures contract fell 0.38%, equivalent to 5,128 points.
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The Central Bank will auction up to 12 thousand traditional currency swap contracts in this session for the purpose of rolling over the maturity date of July 1, 2024.
Commercial dollar
Purchase: R$ 5,126
Sale: R$5,127
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Tourism dollar
Purchase: R$5,181
Sale: R$5,361
Read more: Types of dollars: find out the main ones and the importance of the currency
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The profit-taking movement comes after the American currency rose sharply against the real the day before, due to fears of greater “political interference” due to President Lula’s (PT) nominees who defended the strongest cut of 0.5 points in the last Copom meeting.
The Central Bank’s collegial board will have a majority appointed by Lula in 2025. Currently, the authority’s leadership is made up of four directors appointed by Lula, while five have been in post since Bolsonaro’s administration. The next mandates to expire, in December this year, are those of Roberto Campos Neto, Carolina Barros and Otávio Damaso.
On the data front, the Broad National Consumer Price Index (IPCA), the country’s official inflation indicator, accelerated again, to 0.38% in April. In the year, the IPCA accumulates an increase of 1.80% and, in the last 12 months, of 3.69%. In March 2023, the variation had been 0.61% and the indicator accumulated an increase of 4.18% in 12 months.
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April’s data was above expectations, as the LSEG consensus of analysts estimated inflation of 0.35% in the monthly comparison. The estimate for inflation in 12 months was 3.66%.
(Reuters)
