Dollar today falls in line with the exterior and with an eye on BC intervention

Dollar today falls in line with the exterior and with an eye on BC intervention
Dollar today falls in line with the exterior and with an eye on BC intervention
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The dollar operates with a sharp drop this Tuesday (2), following the cooling of the US currency abroad, while traders react to the announcement made the day before by the Central Bank of an extraordinary auction of traditional currency swaps.

What is the dollar exchange rate today?

At 9:42 am (Brasília time), the dollar in cash fell 0.25%, to R$5.047 in purchase and sale. On B3, the first-month dollar futures contract fell 0.26%, to 5,055 points.

The BC will sell US$ 1 billion in exchange rate swap contracts in this session, in an operation to be carried out between 12:30 pm and 12:40 pm, which seeks to meet a demand generated by the redemption of the NTN-A3 bond, linked to the exchange rate, scheduled for April 15th.

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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.

Commercial dollar

  • Sale: R$5,047
  • Purchase: R$5,047

Tourism dollar

  • Sale: R$5,270
  • Purchase: R$5,090

Why is the dollar down today?

The North American currency is undergoing a realization movement after closing the day before at R$5.0588 on sale, an increase of 0.86%, the highest closing value since October 13th of last year.

Also weighing on the dollar is the BC’s intervention announcement, which foresees the sale of US$ 1 billion in currency swap contracts.

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(With Reuters)

The article is in Portuguese

Tags: Dollar today falls line exterior eye intervention

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