With the bankruptcy of an American bank, the dollar closes above R$5.26

The financial crisis in the United States with the bankruptcy of Silicon Valley Bank, influenced the fall of the Ibovespa this Monday. The commercial dollar closed up 1.16%, at R$5.2683, after reaching a high of R$5.2823 and reaching a low of R$5.2121. Already the futures contract of the American currency for April advanced 1.06%, to R$ 5.289 close to 5:10 pm.

In Brazil, Bradesco preferred shares fell 1.11%. Ordinary shares, 0.85%. Already the shares of Banco do Brasil retreated 0.63%. Itaú’s common shares fell by 1.30%. Preferences, 1.2%. Finally, Santander Brasil shares decreased by 2%.

In the interest market, rates have fallen, also following the trend in the United States, with the perception that the crisis may interrupt the cycle of interest rate hikes by the Fed (Federal Reserve, the American central bank).

Contracts maturing in January 2024 dropped from 13.15% last Friday (10) to 12.99% per annum. For January 2025, the rate dropped from 12.37% to 12.14%. On expiry January 2027, rates dropped from 12.64% to 12.46%.