SÃO PAULO (Reuters) – The dollar fell against the real this Tuesday, in line with the cooling of the US currency abroad, while markets reacted to the announcement made the day before by the Central Bank of an extraordinary auction of traditional currency swaps .
At 9:07 am (Brasília time), the spot dollar fell 0.46%, to 5.0356 reais on sale. On B3, the first-month dollar futures contract fell 0.36%, to 5.0500 reais.
In this session, the BC will sell 1 billion dollars in exchange rate swap contracts, in an operation to be carried out between 12:30 pm and 12:40 pm, which seeks to meet the demand generated by the redemption of the NTN-A3 bond, linked to the exchange rate, scheduled for April 15th.
This extra operation should not be confused with the daily swap auction that has been carried out by the BC to roll over June maturities this year. This Tuesday, from 11:30 am to 11:40 am, 16,000 swap contracts will be put up for sale for rollover.
The day before, the spot dollar closed the day at 5.0588 reais on sale, up 0.86%, the highest closing value since October 13th of last year.
(By Luana Maria Benedito)
Source: Reuters
