After retreating more than 2% on Tuesday, when it amended its fourth straight trading session of decline and zeroed gains in May, the dollar rose in the session on Wednesday, 18, in a correction movement supported by the negative external environment. Reports of new restrictive measures in
This movement translated here into a fall in the Ibovespa and a rise in the dollar, although at a more moderate pace than the bitterness abroad and the loss of steam in agricultural and metallic commodities would suggest.
Rising since the opening of business, the dollar flirted with breaking through the
Analysts point out that the high domestic interest rate, which attracts short-term capital to “carry trade” and makes it costly to bet on buying the dollar, would give some support to the Brazilian currency. Traders also cited as a possible obstacle to a stronger rise in the dollar on Wednesday statements from the Director of Monetary Policy of the
Serra said that the
The chief economist at Infinity Asset,