Dollar opens lower on Tuesday

[ad_1]

On the eve, the US currency rose by 0.16%, quoted at R$5.2067. Dollar Pixabay The dollar operates in a slight fall this Tuesday (28). At 9 am, the US currency fell 0.12%, quoted at R$ 5.2007. See more quotes. The day before, the dollar rose by 0.16%, quoted at R$5.2067. With the result, the currency started to accumulate a high of 2.63% in the month. In the year, however, there is still a drop of 1.35%. READ ALSO: UNDERSTAND: What makes the dollar rise or fall in relation to the real COMMERCIAL X TOURISM: what is the difference between the quotation of foreign currencies and why is tourism more expensive? DOLLAR: When is the best time to buy the currency? MONEY OR CARD? What’s the best way to take dollars on trips? What is messing with the markets? Abroad, investors continue to follow signs of monetary policy from the Federal Reserve (Fed, the US central bank). Higher interest rates in the United States increase the yield on the country’s government bonds, which are considered the safest in the world. This favors the dollar against other currencies and mainly impacts emerging countries, such as Brazil. Around here, eyes are on the definition regarding fuel taxes. On the agenda of indicators, the main highlight is the release of unemployment numbers in the country. President Luiz Inácio Lula da Silva (PT) will meet this Tuesday (28) with government ministers and the president of Petrobras to discuss the issue. The Chief Minister of the Civil House, Rui Costa; the Minister of Finance, Fernando Haddad; the Minister of Mines and Energy, Alexandre Silveira; and the president of Petrobras, Jean Paul Prates. On Monday (27), the Ministry of Finance announced an increase in the fuel tax to collect R$ 28.8 billion this year, but no official announcement was made by the Planalto Palace. The decision involves an agreement between the economic wing of the government and a group that has the national president of the PT, Gleisi Hoffmann, as its main representative, and who is against resuming fuel taxation. In addition, the Trade Confidence Index (ICOM) of the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre) rose 3 points in February, to 85.8 points, the first increase in five months. In terms of quarterly moving averages, there was a drop of 0.5 points, the fourth consecutive drop. The Current Situation Index (ISA-COM) advanced 6.7 points to 86.6 points, the first increase after four months of consecutive declines, while the Expectations Index (IE-COM) dropped 0.8 points to 85 ,7 points. The Services Confidence Index (ICS) dropped 0.4 points in February to 89.1 points, the lowest level since May 2021 (88.1 points). The Current Situation Index (ISA-CST) dropped 2.6 points to 91.0 points, the lowest level since March 2022 (90.9 points). The latest results for confidence in services show a negative scenario, with consecutive and widespread declines across segments. Initial plugin text

[ad_2]

Source link