At the close, at 17:04 (Brasília time) on Friday (05), the commercial dollar rose 0.37% and was traded at R$ 5.6810. While the Ptax advanced 1.54%, to R$ 5.6870. The currency gained strength in this last session of the week with greater market demand for financial security with the resumption of social restrictions to contain the spread of the coronavirus throughout Brazil, in order to prevent a collapse in public health. Despite the approval of the Proposed Emergency Constitution Amendment (PEC), which makes it possible to extend Emergency Aid to Brazilians and limit the increase in public spending. In addition, Brazilian industrial production accumulated a drop of 4.3% in the 12-month period, despite growth of 0.4% in January compared to December 2020. In the international scenario, investors are following the vaccination against coronavirus and economic recovery still considered slow. The United States also created 379 thousand formal job vacancies in February, compared to 166 thousand in the previous month and well above the expectation of 182 thousand vacancies. The President of the Federal Reserve (FED, US central bank), Jerome Powell, signaled yesterday (04) that he will not increase US interest rates in the short term, but does not specify how it will look in the long term.
This text was translated by machine from Brazilian Portuguese.