Auction will allow the sale of up to US$3 billion, aiming to stabilize the national currency amid market fluctuations; operation will take place between 9:15 am and 9:20 am
Brazil has scheduled an extraordinary auction for the sale of cash on the spot market, which will take place next Thursday (26), between 9:15 am and 9:20 am. The operation will allow the sale of up to US$3 billion, a measure that aims to stabilize the national currency amid market fluctuations. Recently, the spot dollar showed a significant increase, ending trading with an increase of almost 2%. This movement is attributed to the strengthening of the American currency at a global level, in addition to expectations that it will continue to adopt a conservative stance in relation to monetary policy. In the last session, the commercial dollar price rose 1.87%, reaching R$6.1855. During the day, the US currency varied, reaching a minimum of R$6.1091 and a maximum of R$6.2003, reflecting the volatility of the foreign exchange market.
*Report produced with the help of AI
Published by Matheus Oliveira
