Friday , July 19 2019
Home / brazil / The dollar exceeds R $ 4.10 and closes the highest value for eight months

The dollar exceeds R $ 4.10 and closes the highest value for eight months



On the day of the currency market tension, the US currency again rose. The trading dollar closed this Friday (17), selling at R $ 4,102, to R $ 0.065 (+ 1.62%). The currency has been the highest since then September 19th (R $ 4,124).

The dollar traded upward during the session. The currency opened at $ 4.05, but rose during the day to get closer to the maximum. Only in the week the price rose by 4%.

READ ALSO:
Household property prices rose by 0.28% in April
The law reduces bureaucracy for street vendors in Sao Paulo; I understand

On the stock exchange the day was more relaxed. After trading for a good part of the day, Ibovespa's main index of B3 (the former Sao Paulo Stock Exchange) closed almost steadily, down 0.04%, to 89,993 points. The indicator is at the lowest level ever since December 28 (87,887 points). The stock market lost a loss of 4.52% this week.

The week was marked by a revision of the Brazilian economy's growth. in fourth(15), the Bank's Economic Activity Index (IBC-Br), which acts as a review of Gross Domestic Product (GDP), shrunk by 0.68% in the first quarter of 2019 against the last quarter of 2018 year

In the external scenario, the trade strain between the United States and China was dominated by fears. Both countries are experiencing an escalation in trade strains after the US last week loaded China's $ 200 billion dollars. On Monday (13), the Asian country announced it would apply US $ 60 billion US dollars for US goods June,


Source link