The dollar fell to BRL 5.06 with the government exchange and hope in China

posted on 11/04/2022 21:02

(credit score: Valter Campanato/Brazil Agency)

The begin of the means of transition to an elected government and hope in the Chinese financial system made the monetary market a restoration day. The dollar fell to its lowest degree in two months. The inventory market rose for the third time since Monday (31) and closed the week greater than 3%.

The buying and selling dollar ended this Friday (4th) was bought at R $ 5.062, with a fall of R $ 0.064 (-1.24%). The inventory fell to R$ 5.02, the lowest of the day, round 4 p.m., however gained momentum as negotiations ended with buyers benefiting from the low value. to purchase cash.

The foreign money is at its lowest degree since August 29, when it was R $ 5.03. The dollar ended the week with a decline of 4.49% and collected a decline of 9.22% in 2022.

In the inventory market, the day was additionally marked by income. The B3 Ibovespa index closed at 118,145 factors, up by 1.08%. The index was pushed by shares of mining and metal firms, which rose sharply after reviews emerged that China plans to reverse the export ban as early as 2023 and ease in covid-19 restrictions. The Ibovespa rose 3.16% in the week after the election.

The improve in the shares of firms in the steel sector offset the decline in the shares of Petrobras, the most traded paper on the inventory market, after the request of the Ministry of Public Accounts to put an finish to the expectation of the funds introduced yesterday (3) by the government. The firm’s widespread shares (voted at the shareholders’ assembly) fell 5.23%. Preferred shares (and curiosity in dividends) have been down 5.51%.

In addition to the information from China, the monetary market confirmed the starting of transition actions for the future government and the discount of street blocks by the supporters of the defeated candidate Jair Bolsonaro. Today, the delegation of the President Luiz Inácio Lula da Silva made the first go to to the Cultural Center of Banco do Brasil, in Brasília, the place the exchange workplace was established. Work will start on Monday (7).


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