The dollar falls for the second day at 3,852 pesos; Bolsa reaches its lowest level in more than a month – 12/20/2018



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The dollar commercial closed this Thursday (20) down 0.53%, quoted at R $ 3,852 on sale, followed by the second decline. This is the lowest closing value for more than two weeks: on December 3, the currency was worth 3,842 pesos.

The Ibovespa main index of the Brazilian stock market, recorded an index of 0.47%. at 85,269.29 points, the second decrease is consecutive. This is the lowest closing level in more than a month: on November 13, the stock market closed the day at 84,914.11 points. Wednesday (19) the dollar lost 0.73% and the stock market lost 1.08%.

The dollar value published daily by the press, including UOL ] refers to the commercial dollar.

Petrobras falls by more than 3%

Among the highest falls of the day, shares of Petrobras fell by 3.42%. influenced by the devaluation of oil on the international market. The shares of Bank of Brazil (+ 0.64%) and the Bank of Brazil (+ 0.64%) also recorded losses. Bradesco (+ 0.53%) closed higher, while Itaú Unibanco (- 0.03%) remained virtually stable.

Central Bank Activity

The central bank's performance on the foreign exchange market helped keep the dollar lower on Thursday. British Columbia has launched a new auction (sale with buyout) with a bid of one billion US dollars. It was the fourth auction of its kind in December, with British Columbia having already completed two more at the end of November.

In addition, the CB sold during this session 13,800 traditional currency exchange contracts, which equates to the future sale of dollars. , an operation that is performed daily. In this way, he injected $ 9.681 billion out of the $ 10.373 billion earned in January

. If you keep this offer daily and sell it until the end of next week, you will get the full roll. in the United States

Abroad, investors were frustrated by the US interest decision. Previously, the Federal Reserve had raised the rate for the fourth time this year and had reduced the amount of increases planned for next year from three to two.

The review, however, was not enough to allay market fears in the face of an economic slowdown in the United States due to trade tensions, a weakening of pressure for price reductions. Taxes and tougher monetary conditions of companies.

raised in the United States may attract resources currently applied in other economies, such as Brazil. The trend is upward for the dollar here.

(With Reuters)

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