Dollar operates on the rise, after higher-than-expected inflation; Ibovespa falls

Dollar operates on the rise, after higher-than-expected inflation;  Ibovespa falls

The day before, the North American currency rose 0.11%, quoted at R$4.9679. The main stock index on the Brazilian stock exchange ended with a drop of 0.36%, at 129,950 points. Dollar banknotes Pexels The dollar rose this Thursday (8), as investors digested the new data from the Broad National Consumer Price Index (IPCA), considered the country’s official inflation. The indicator rose 0.42% in January, slowing down compared to the previous month (+0.56%), but still above market expectations, which projected an increase of 0.35%. Possible speeches by directors of the Federal Reserve (Fed, the North American central bank) and the corporate earnings season were also on the radar. Ibovespa, the main stock index on the Brazilian stock exchange, B3, was falling. See below for a summary of the markets. Dollar At 10:25 am, the dollar was up 0.21%, quoted at R$4.9785. See more quotes. The previous day, the North American currency rose 0.11%, quoted at R$4.9679. With the result, it accumulated: drop of 0.01% in the week; gain of 0.62% in the month; increase of 2.38% in the year. Ibovespa At the same time, Ibovespa fell 0.17%, to 129,733 points. The day before, the index closed with a decline of 0.36%, at 129,950 points. With the result, it accumulated: increase of 2.19% in the week; increase of 1.73% in the month; and a drop of 3.15% in the year. READ ALSO CASH OR CARD? What is the best way to take dollars when traveling? DOLLAR: When is the best time to buy the currency? Understand what makes the dollar rise or fall



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