At 2:00 pm (Brasília time), this Monday (18th), the commercial dollar was down 0.89% and traded at R$ 5.2620. While the Ptax rose 0.14%, to R$ 5.2788. The currency starts the week under pressure from the market's increased appetite for risk around the control of the coronavirus started yesterday (17) in Brazil and the recovery of the global economy. In addition, the Central Bank (BC) reported that its new estimate for Brazil's Gross Domestic Product (GDP) went from an increase of 3.41% last week, to + 3.45% in 2021. Internationally, more than fifty countries have already vaccinated part of their population, easing fears of an even worse deterioration in the global economy still in the midst of the pandemic. On Wednesday (20), Democrat Joe Biden will take over as President of the United States. The market expects that shortly after taking office, the country's trillion dollar financial stimulus package will be approved. China also ended 2020 with an increase of 2.3% in GDP, one of the only among the largest economies in the world that managed to avoid a retraction in a year of global pandemic.
This text was translated by machine from Brazilian Portuguese.