Dollar falls, renews minimum and closes Friday at R$ 4.98 with the reopening of Hormuz

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The North American currency even outlined the breaking of the R$ 4.95 floor in the morning

The dollar renewed its low this Friday (17) and registered a new drop, closing at R$4.98 and registering a drop of 0.56 in the week, which takes losses in April to 3.77%, after an increase of 0.87% in March. During the year, the dollar falls 9.21% against the realwhich still displays the largest gains among the most liquid currencies, including hard and emerging currencies.

A North American currency even outlined the breaking of the floor of R$ 4.95 in the morning, with a low of R$4.9508, but it significantly reduced the pace of decline throughout the afternoon, and closed at R$4.9833, down 0.19%.

The reduction in geopolitical risk with increased expectations surrounding an agreement to end the war in the Middle East, in light of Iran’s announcement of the reopening of the Strait of Hormuz, led to a global fall in the dollar currency.

O The real’s short breath was attributed to a rotation of positions between emerging currencies, with less appetite for currencies more linked to oil, and the possible outflow of external resources from the domestic stock exchange, in the wake of the fall in Petrobras shares. Real pairs such as the Chilean peso and South African rand advanced more than 0.80%.

Ibovespa falls 0.55% on the day

The Ibovespa had the third fractional correction since the this Friday, still down a moderate 0.55%, at 195,733.51 points, after losses of 0.46% each in the previous two sessions. At its minimum, it reached 195,367.90 points today, leaving its maximum at 198,665.65 points, opening at 196,880.51. Financial turnover reached R$44.7 billion this Friday, reinforced by the expiration of stock options.

During the week, the Ibovespa fell 0.81%, interrupting a sequence of three gains in the previous ones, highlighting the increase of almost 5% in the period from Monday to Friday. During the month, the Ibovespa rose 4.41%, placing the year’s gain at 21.48%.

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