At 3:12 pm (Brasília time), on Monday (12), the commercial dollar advanced 0.30% and was traded at R$ 5.6930. The Ptax rose 0.24% to R$ 5.6582. The currency returned to the positive side after losses earlier in the day, continuing the gains of last Friday (09) with the increase in market demand for financial security. The Central Bank's (BC) Focus bulletin revised its forecast for rising Brazilian inflation from 2021 from 4.81% to 4.85%. In addition, the opening of the Parliamentary Commission of Inquiry (CPI) to investigate the confrontation of the coronavirus by the federal government. The country reached over 353 thousand deaths from the disease, with the moving average above 3 thousand deaths per day. Internationally, the market remains cautious pending the release of inflation in the United States. Despite the news that European countries are reopening their economic activities after a period of worsening of the coronavirus pandemic and the imposition of social isolation.
This text was translated by machine from Brazilian Portuguese.