Commercial dollar operates sharply higher in this session

At 3:12 pm (Brasília time), this Tuesday (2nd), the commercial dollar advanced 1.45% and was traded at R$ 5.6850. While the Ptax rose 1.81%, to R$ 5.6844. Earlier, the currency hit R$ 5.73. The market assimilates the decision of the President of Brazil, Jair Bolsonaro, to zero federal taxes on diesel and cooking gas, which should be offset by the increase in the Social Contribution on Net Income (CSLL) of financial institutions. In addition, there are concerns about the possible lockdown national program that is evaluated to face the coronavirus pandemic in the midst of the slow vaccination and discussions of Emergency Aid. Internationally, investors are waiting for more significant signs of improvement in the global economy. In the United States, there is still attention with a possible increase in inflation and approval of the $ 1.9 trillion aid package in the Senate.

This text was translated by machine from Brazilian Portuguese.