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At 15:35, the US currency rose 0.89% to 3.9111 reais. See the quote today. Previously, the currency had reached 3.9196 reais. Dollar tourism was trading at around R $ 4.07, ignoring the Financial Transactions Tax (IOF).
"The US-China trade dispute continues to focus markets, supporting the strong dollar," said broker Rico Investimentos in a report, citing again the low financial volume due to the Brazilian match against Mexico by the eighth finals of the World Cup played late in the morning.
Abroad, the dollar was higher against emerging-country currencies, such as the Chilean peso, with investors increasing bets on intensifying trade tensions between the United States and its trading partners .
The tension rose before July 6, when the United States had to impose tariffs of more than $ 34 billion on Chinese exports.
And even with the strong appreciation of the dollar against the real, the Central Bank had not yet announced additional interventions on the foreign exchange market at this session. For the moment, it has offered and sold in full only up to 14,000 traditional swaps, equivalent to the future sale of dollars, to cover contracts expiring in August.
With that, rolled the equivalent of $ 700 million out of the $ 14.023 billion total that wins next month.
On Friday night, the OC said it would continue to work in a coordinated manner with the Treasury on the market to "provide liquidity and help it run smoothly," and that it would completely renew the swaps due in August.
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