Dollar closes the day at R$5.94 and remains below R$6 for the first time in more than a month

by Andrea
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O dollar cash ended this Wednesday (22) with a drop of 1.40%, quoted at R$ 5.94. After more than a month, the North American currency reached a level below R$6. The movement in the foreign exchange market occurs in a context of expectations regarding the tariff policies of the president of the United States, Donald Trump. The last closing below R$6 was recorded in December.

Recently, Trump announced the imposition of a 10% tariff on products from China, justifying the measure by sending fentanyl to the United States. During his campaign, the president had spoken about the possibility of tariffs that could reach 60% on imports, which intensified diplomatic tensions, especially with China and Canada.

Since Trump assumed the presidency, the dollar has shown a sharp downward trend. On the spot market, the currency reached a low of R$5.9880. The expectation is that, if the federal government’s revenue data is favorable, the real could appreciate even more.

The Minister of Finance, Fernando Haddad, projects that a spending package currently being processed could result in savings of R$29.4 billion in this year’s budget. This prospect of reducing spending could contribute to the stability of the real and positively influence the foreign exchange market in the coming days.

*Report produced with the help of AI

Published by Carol Santos

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