At the close, at 17:30 (Brasília time) on Monday (22), the commercial dollar registered gains of 0.68% and was traded at R$ 5.5180. The Ptax rose 0.34% to R$ 5.5269. Earlier, the currency reached R$ 5.5470. The Turkish lira sank more than 15% against the dollar in this session after Turkish President Tayyip Erdogan replaced the central bank president, heightening interest-rate fears. The technical movements of adjustments in positions and worsening of cases, hospitalizations and deaths due to coronavirus in Brazil and in the world also had repercussions, despite advances in the vaccination plan against the disease. In addition, the market follows the forecast of the Central Bank (BC) of Brazil of an increase of 4.71% in inflation in 2021 amid fiscal uncertainties and the continued spread of the virus. In an attempt to limit the rise in the currency at the beginning of this session, the entity held a traditional swap auction to roll up to 16 thousand contracts with maturity in December 2021 and April 2022.
This text was translated by machine from Brazilian Portuguese.