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Dólar encerra último pregão com redução de 0,53%, sendo negociado a R$ 5,64.

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The dollar closed the last trading session down by 0.53%, quoted at R$ 5.64.

The result came amid positive sentiment driven by the IPCA-15 reading, which showed a slowdown in inflation this month.

Moreover, for financial market analysts, the main interest rate differential between Brazil and much of the other countries continues to attract foreign capital to the country.

Even with a rate hike cycle below expectations for Selic, rates remain high in Brazil. This scenario, however, attracts investors from other nations.

Meanwhile, the euro closed around R$ 6.38.

Data is from Companhia Morningstar.

 

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