Dollar Retreats to R$ 4.98, Posts 4.44% Weekly Drop
The U.S. dollar closed 0.8% lower this Friday, marking its second consecutive session below R$ 5.
The dollar closed Friday (9) at R$ 4.98, marking its second consecutive session below R$ 5. The daily decline was approximately 0.8%.
Over the week, the U.S. currency accumulated a drop exceeding 4%, totaling a 4.44% loss in the post-first round period.
Concurrently, the Brazilian Stock Exchange set new historical records, indicating an upward movement in local assets while the exchange rate continues its devaluation trend.
With information from Agência Brasil.
Source: Agência Brasil
#dollar#exchange rate#financial market#stock market#economy
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