Dollar closes on the rise, but accumulates third consecutive weekly fall; IBOVESPA SOBE

by Andrea
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American border ended this Friday (21) quoted to R $ 5,717, with appreciation of 0.73% on the day; Main Index of the Brazilian Stock Exchange reached 132,345 points

It closed it high this Friday (21), quoted at R $ 5,717, with appreciation of 0.73% on the day. Despite the advance, the US currency accumulated a weekly drop of 0.51%, marking the third consecutive week of devaluation. The movement occurred in a reduced liquidity trading session, with investors adjusting their wallets in the midst of a global scenario of uncertainty.

The week was influenced by important monetary policy decisions. The Federal Reserve (), Central Bank of the United States, maintained interest rates between 4.25% and 4.50% per year, reinforcing the projection of two cuts by the end of 2025. The president of the Fed, said there is no hurry to reduce rates, even in the face of the expectation of lower economic growth next year.

In Brazil, the Monetary Policy Committee () raised the Selic rate by 1 percentage point to 14.25% per year, and indicated the possibility of a new high magnitude in the next meeting, scheduled for May. The increase reinforces the interest of interest between Brazil and the US, which may attract foreign investors and benefit the real.

Another relevant factor in the global market was the call between the US President, and Russia President Vladimir Putin, in which a 30-day ceasefire was agreed in Russian attacks on Ukraine’s energy infrastructure. The market also reacted positively to the increase in military spending from Germany, approved by the country’s parliament. Global caution and the lack of relevant economic indicators in Brazil made investors take advantage of the trading session for position adjustments. During the week, the dollar lodged, reaching R $ 5,6486 on Wednesday (19), its smallest quote since October 2024.

Ibovespa, the main index of the Brazilian Stock Exchange, accompanied the positive movement and closed up 0.30% on Friday, at 132,345 points. In the week, the index accumulated gain of 2.63%, reflecting the optimism of investors with the stock market. The market is aware of Trump’s tariff threats, expecting to announce new reciprocal tariffs on April 2. In addition, there are uncertainties about the impact of Brazilian fiscal policies, especially with the government’s proposal to expand the income tax exemption range for those who earn up to R $ 5,000, which generates concerns about the balance of public accounts.

Posted by Felipe Dantas

*Report produced with the aid of AI

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