After exceeding R$ 5.00, the dollar falls with Central Bank auctions

The Brazilian Central Bank held on Thursday (12) several dollar auctions that helped to contain the buyer impetus in the US currency. The commercial dollar opened at R$ 5.00, reaching a maximum of R$ 5.0280, amid the defeat of the government in Congress with the overthrow of President Jair Bolsonaro’s veto. But it helped the gains over the trading session. Even so, the commercial dollar rose 1.377% to R$ 4.784 in the purchase and to R$ 4.7857 in the sale, still renewing the historical high closing.

Source: Infomoney