The dollar registered a strong rise against the real this Thursday, reflecting investors’ concern with the Copom’s split decision last night, but the currency ended far from the day’s highs, helped by the favorable external climate, where the dollar retreated against in pairs this afternoon.
The tension in the exchange rate considers the possibility of the Copom being more tolerant with inflation starting next year, when the majority of directors will be appointed by the Lula government. A lower Selic would reduce the difference between Brazilian and American interest rates, making the ‘carry trade’ less attractive to foreign investors.
In the domestic environment, the market monitored the federal government’s financial support actions for Rio Grande do Sul and the vote in Congress on presidential vetoes, with the partial overturning of the veto that suspended payment for commission amendments.
The spot dollar closed up 1.01%, at R$5.1428, after fluctuating between R$5.1375 and R$5.1771. At 5:07 pm, the future dollar for June rose 1.13%, to R$5.1540.
Outside, the DXY index fell 0.31%, to 105,220 points. The euro rose 0.31% to US$1.0782. And the pound gained 0.21%, at US$1.2523.
| Date | Purchase | Sale | Variation | Variation |
| 05/02/2024 | 5.1128 | 5.1134 | -1.53% | -0.0793 |
| 05/03/2024 | 5.0691 | 5.0697 | -0.85% | -0.0437 |
| 5/6/2024 | 5.0734 | 5.0735 | 0.07% | 0.0038 |
| 07/5/2024 | 5.0666 | 5.0672 | -0.12% | -0.0025 |
| 5/8/2024 | 5.0902 | 5.0908 | 0.47% | 0.0236 |
| 5/9/2024 | 5.1421 | 5.1422 | 1.01% | 0.075 |
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