The US currency fell 1.13% in February after losses of 4.40% in January, when it had the biggest monthly devaluation since June 2025
The dollar opened the week falling in the domestic market and closed at R$5.18, – the lowest closing value since May 28, 2024 (R$5.1540). The currency fell 1.13% in February, after losses of 4.40% in January – the biggest monthly devaluation since June 2025, when it fell 4.99%. During the year, the dollar lost 5.48% against the real.
Operators say that the global portfolio diversification movement, with a decrease in appetite for dollar-denominated assets, gained extra momentum this Monday (9) with the information that China had recommended that the country’s banks reduce their exposure to American treasury bonds.
Although the real has not led emerging currency gains against the dollar, Domestic factors may have contributed to the decline in the exchange rate. Operators cite the likely entry of foreign flows into the domestic exchange, with new Ibovespa closing recordand the prospect of a conservative process of reducing the Selic rate, in the wake of the cautious tone of the president of the Central Bank, Gabriel Galípolo, at an event in the morning.
With a minimum of R$5.1752, in the early afternoon, in tune with the external environment, the spot dollar ended the session down 0.62%, R$ 5.1882. Last week, the Dollar Index rose around 0.50% in the wake of reduced fears of the Federal Reserve’s loss of independence, with Donald Trump’s appointment of former director Kevin Warsh, with a conservative background, to the presidency of the American central bank.
Ibovespa renews record
The Ibovespa rose almost 2% at the beginning of the week and reached, for for the first time in closing, the line of 186 thousand points, in a new closing recorddriven in the afternoon by the strong performance of the financial sector and the firm turnaround in the commodity flagships, Vale (ON +1.96%) and Petrobras (ON +2.03%, PN +1.83%).
It was the 10th time this year that the B3 index renewed its historical closing highin a series that goes back, with interruptions, to January 14th. This Monday, the 9th, it broke the previous mark, set on February 3rd, at 185,674.43 points.
Between the minimum and maximum of this Monday, it fluctuated from 182,950.20, at the minimum corresponding to the opening, to 186,460.08 points (+1.92%), at the best moment of the session, in the afternoon. In the end, it registered a gain of 1.80%, at 186,241.15 points, with a turnover of R$27.7 billion, still significant, although weaker than that observed at the high points of this year’s rally when it surpassed, on several occasions, the mark of R$30 billion per session. In the month, the Ibovespa rose 2.69% and, in the year, it rose 15.59%.
*With Agência Estado
