Commercial dollar ends Wednesday with a rise of more than 2%

At the close, at 5:29 pm (Brasília time) this Wednesday (24th), the commercial dollar registered a jump of 2.25% and was traded at R$ 5.6380, the highest daily increase in six months. The Ptax rose 0.69% to R$ 5.5330. The currency was marked by the increase in market demand for financial security amid the worsening of the coronavirus pandemic in Brazil and worldwide, despite the vaccination against the disease advancing, albeit slowly. According to Johns Hopkins University, Brazil today reached an accumulated of 300,018 deaths from the virus in just over a year since the beginning of the pandemic in the country. Despite the fact that Germany canceled the lockdown to contain COVID-19 during the five-day holy week holiday, which will now only have social restrictions until the celebration of Easter. Also pay attention to the domestic political scenario and possible increase in United States taxes to offset the $ 1.9 trillion package of aid to the population in coping with the coronavirus pandemic. On the negative side, in an attempt to limit the rise in the dollar, the Brazilian Central Bank (BC) held an auction of 16,000 traditional swap contracts with maturity in December 2021 and April 2022.

This text was translated by machine from Brazilian Portuguese.