Macroeconomy/Finance

Dollar goes up for the 12th time

The growth remained despite the fact that the Brazilian Central Bank sold $ 3 billion in currency swap. The dollar hit a historic record again this Thursday, reaching R$ 4.67 at the peak of the day, with the Brazilian currency battered along with other risk assets worldwide due to obstinate fears related to the coronavirus. The high is the 12th consecutive. Only in March the currency jumps 3.79% and shoots 15.90% in the accumulated of 2020.

Source: Reuters

Categories: Macroeconomy/Finance