The dollar starts rising and the economy trades at R $ 5.30

The dollar starts rising and the economy trades at R $ 5.30

The dollar began to decline on Wednesday (6), with the global markets declining, with backlash watchers and investors for previous seats in the United States Senate reacting to comments by Brazilian President, Jair Bolsonaro. That country is “broken”.

At 9:50 am, the US currency rose 0.85%, quoted at R $ 5.3052. View more quotes.

The dollar closed down 0.16% at R $ 5.2603 on Tuesday.

The central bank will hold a traditional swap auction to complete 16,000 contracts maturing in May and September 2021.

In 2020, it grew by 29.36%.

Economists echo Bolsonaro’s claim that ‘Brazil is broken’

In the United States, investors follow the definition of elections in the United States, evaluating the possibility of a US Senate controlled by Democrats. Assessments that the United States Congress controlled by President-elect Joe Biden’s party could lead to the creation of higher taxes and stricter rules for technology veterans.

  • Democrats are elected senators by Georgia, and Biden is in control of Congress

In the eyes of analysts, the so-called “blue wave” would give more room for President-elect Joe Biden to act on his reform plans, including a new impetus against Kovid-19, but also meant higher taxes and more regulations. Can also be from

Oil prices have risen to their highest level since February 2020, after Saudi Arabia agreed to reduce its production beyond expectations in a meeting with associate producers

  • Economists have called for reform after the president says Brazil has broken

The election for the chairmanship of the Chamber of Deputies and the Senate is also on the radar of investors.

Dollar Variation – Photo: Economy G1

VIDEOS: latest economy news

Sarah Gracie

About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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