Commercial dollar closes the session with an increase of more than 1%

At the close, at 17 h 34 (Brasília time) this Monday (08), the commercial dollar jumped 1.88% and was traded at R$ 5.7880, renewing highs since May 15, 2020. While the Ptax advanced 0.83%, to R$ 5.7343. The first session of the week was driven by the news that the Supreme Federal Court (STF) Minister, Edson Fachin, annulled the convictions of former President Lula made by the Federal Justice of Paraná in the investigations related to Operation Lava Jato. The decision will still be evaluated by the decision by the plenary of the STF. In addition, there are fears of the worsening of cases and deaths caused by the coronavirus pandemic and the Central Bank (BC) forecast of a 3.98% rise in inflation in Brazil this year. Negatively, the entity held today a traditional swap auction to roll up to 16 thousand contracts with maturity in June and December 2021. In the United States, the increase in yields on treasury bills and fears of rising inflation in the country after approval of the Senate's $ 1.9 trillion aid package also resonated.

This text was translated by machine from Brazilian Portuguese.