Macroeconomy/Finance

Dollar reaches new historic high at R$ 5.87

The Brazilian foreign exchange market suffered a turnaround in the final stretch of the trading session, culminating in a new record for the dollar, due to a new episode of the political turmoil that hit the federal government. The American currency closed up 0.86%, at R$ 5.8691, after touching R$ 5.8860 in the worst moment of tension in the market.

Source: Valor Investe

Categories: Macroeconomy/Finance