Dollar operates with slight increase, after US reach agreement on debt ceiling

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Last Friday, the US currency fell 0.94%, quoted at R$ 4.9881. Dollar banknotes John Guccione/Pexels The dollar operates with a slight increase this Monday (29), in a day of reduced liquidity due to the Memorial Day holiday in the United States. Investors echo the agreement to suspend the US debt ceiling and the latest edition of the Focus Bulletin. At 9:30 am, the US currency rose 0.15%, quoted at R$ 4.9955. See more quotes. Last Friday (26), the dollar fell by 0.94% and reached R$ 4.9881. As a result, the US currency accumulated: Falls of 0.14% in the week and 5.49% in the year; Increase of 0.01% in the month. 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? MONEY OR CARD? What’s the best way to take dollars on trips? DOLLAR: When is the best time to buy the currency? What is messing with the markets? On public holidays in the United States, the markets at the global level have a lower trading volume, which leads to a trend of less significant oscillations both in the foreign exchange market and in the stock market. Even so, investors around here are echoing the news that President Joe Biden (a Democrat) and the Republicans, his opposition, reached an agreement to suspend the US$ 31.4 trillion debt ceiling until 2025. the agreement goes to the approval of the US Congress, in a vote that is scheduled to take place this Wednesday (31). In Brazil, the Central Bank (BC) released another edition of the Focus Bulletin, a report that gathers the median projections of market economists for the country’s main indicators. Specialists reduced the inflation estimate for 2023 from 5.80% to 5.71%, at the same time that they began to estimate greater growth in the level of activity. For Gross Domestic Product (GDP) growth in 2023, financial market expectations rose from 1.20% to 1.26% in the last week. Initial plugin text

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