Dollar opens lower in week with important economic data and fiscal scenario still on the radar
Last Friday, the North American currency fell 0.12%, quoted at R$5.4365. The stock exchange’s main stock index closed down 0.21%, at 132,730 points. Dollar Karolina Grabowska/Pexels The dollar opened lower this Monday (30), the last trading session of September, but starting a week marked by the release of important economic data, with emphasis on new figures from the United States labor market. In Brazil, the market is reflecting yet another Focus Bulletin — a report from the Central Bank (BC) that brings together economists’ projections for the country’s main indicators —, which raised projections for the Selic, the basic interest rate, this year. Also, the BC released the consolidated fiscal statistics report until August, which shows a slight increase in Brazilian public debt. The country’s net debt was 62% of the Gross Domestic Product (GDP) in the month, compared to 61.8% in July. See below for a summary of the markets. REASONS: Ibovespa has had the best month since November, but the dollar is not following the enthusiasm DOLLAR: When is the best time to buy the currency? Dollar At 9:05 am, the dollar fell 0.30%, quoted at R$5.4201. See more quotes. Last Friday (27), the currency fell 0.12%, quoted at R$5.4365. With the result, it accumulated: drop of 1.53% in the week; loss of 3.48% in the month; increase of 12.04% in the year. Ibovespa Ibovespa starts operating at 10am. On Friday, the index fell 0.21%, to 132,730 points. With the result, it accumulated: increase of 1.27% in the week; decline of 2.41% in the month; and a drop of 1.08% in the year.
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