At the close, at 5:29 pm (Brasília time) on Wednesday (17), the commercial dollar recorded losses of 0.55% and was traded at R$ 5.5860. The Ptax fell 1.30%, to R$ 5.6579. The Federal Reserve's Federal Open Market Committee (FOMC) (FED, central bank of the United States) maintained the country's basic interest rate between 0% and 0.25%, in line with market expectations and in line with market expectations. through the implementation of economic stimuli to face COVID-19. The decision of the Monetary Policy Committee (Copom) of the Central Bank (BC) of Brazil, on the other hand, will be announced at the end of this session and the market expects an increase of 0.5 percentage point in the basic interest rate, the Selic, to 2 , 5% per year. In addition, the federal government reported today that it forecasts a 3.23% rise in Brazil's Gross Domestic Product (GDP) this year, as well as a previous estimate, increasing the market's appetite for risk. Public spending limits are also monitored to combat the new growth of deaths and cases caused by the coronavirus in the country.
This text was translated by machine from Brazilian Portuguese.