Commercial dollar closes the day with expressive high

At the close, at 5:20 pm (Brasília time) this Wednesday (27th), the commercial dollar registered gains of 1.50% and was traded at R$ 5.4040. While the Ptax fell 0.08%, to R$ 5.3824. In the month, it registered an increase of 4.16%. The currency accompanied the information that the federal public debt increased by R$ 761 billion, that is, 17.9% in 2020, the highest since the beginning of the historical series, in 2004. With that, the debt changed to R$ 5.009 trillion compared to R$ 4.248 trillion in the previous year, according to data from the National Treasury. The continued spread of coronavirus in the country also increases fiscal uncertainties, since there is a possibility of extending emergency aid amid slow vaccination. Negatively, the Central Bank (BC) reported that today it began rolling over traditional foreign exchange swap contracts due on March 1, in the total amount of US$ 11.8 billion. In the external scenario, fears remain focused on the significant increase in cases and deaths caused by the virus that contradict expectations of disease control and global financial recovery. The Federal Reserve (FED) Federal Open Market Committee (FOMC) decided today to keep the United States' basic interest rate between 0% and 0.25% on the grounds that “the public health crisis continues to weigh on economic activity and represents a considerable risk to the weakness scenario ”. 

This text was translated by machine from Brazilian Portuguese.