Dollar goes to R$ 4.97 and Stock Exchange rises in reaction to the war in the Middle East

Investors follow the ceasefire negotiations between Iran and the US and ship traffic in the Strait of Hormuz

The commercial dollar registered a drop of 0.16% at 10:30 am, quoted at R$4.976. At its lowest point, it reached R$4.974, the lowest level since March 25, 2024. The Ibovespa, the main index of the B3 (São Paulo Stock Exchange), rose 0.27%, to 196,255 points.

Iran’s Foreign Ministry classified the naval blockade imposed by the United States as a violation of the Pakistan-brokered ceasefire. Spokesperson Esmaeil Baqai said this Sunday (19 April 2026), in a post on the social network X. The president of the USA, (Republican Party), also said that Tehran disrespected the truce.

Trump that US forces attacked and seized an Iranian-flagged cargo ship in the Gulf of Oman. According to the republican, the vessel was trying to escape the naval blockade imposed in the Strait of Hormuz.

Iran has begun allowing ships that accept to pay fees to cross the Strait of Hormuz, according to a senior Iranian official. According to him, the measure is part of a new protocol that limits the number of vessels authorized to cross the strategic maritime route.

The Strait of Hormuz is a waterway through which about 1/5 of the global supply of oil and gas passes. The passage has been practically blocked since the United States and Israel began their offensive against Iran on February 28.

In the domestic scenario, financial agents began to estimate that Brazil’s inflation in 2026 will be above the target range defined by the CMN (National Monetary Council). The median projections rose from 4.36% last week to 4.71% this Monday (April 13, 2026).