The change in the political discused that gave strength to the president’s government Luiz Inácio Lula da Silva (PT) It has more impact on the dollar against the real than the 50% tariffs announced by US President Donald Trump.
The statement was made on Tuesday (15) by Fabio Kanczuk, former director of economic policy of the BC and current director of Macroeconomics of the Wing during online conference to journalists.
“The Great [impacto] This is the dollar. Let’s not export less [em razão das tarifas]. Dollar will move because it moves in the political discourse of the situation and opposition. And the speech of the situation got better and that’s what is making the dollar walk [para cima]”Kanczuk said.
. On Tuesday’s trading session, however, the US currency operates lightly after a downtown vary, reflecting US inflation data, which came below expected.
DXY – dollar comparison rate with other currencies – should be valued again and, according to Kanczuk, the idea of loss of American sovereignty is far from weakening the dollar.
“It is not a long -term movement. In the short term, the dxy is getting weaker and weaker, but it is over.
For Kanczuk, tariffs will have little effect on Brazilian GDP (Gross Domestic Product), estimated around 0.3% or 0.4%, with signs in markets over the next four months.