Dollar has a new record and rises to R$4.51

The dollar had the tenth consecutive high session and closed for the first time at the level of R$4.50. On a day noticeable by strong volatility, the dollar dropped to R$4.45 shortly after the FED – American Central Bank – cut the interest rate early this Tuesday, but then went up again with the worsening of the international market and the possibility of more interest rate cuts in Brazil to meet the coronavirus effects.

Source: Jovem Pam News