INSUBCONTINENT EXCLUSIVE:
The United States dollar closed lower against the Brazilian real on Monday after briefly reaching the R$5 mark again.Market participants
exploited the higher quotes to sell the currency, anticipating the release of economic data and documents later in the week, domestically
and internationally.The spot dollar ended the day at R$ 4.9741, a decrease of 0.49%
For March, the United States currency has seen a slight increase of 0.05%.At its peak for the day at 10:01 AM, the dollar hit R$ 5.0076
(+0.18%) and dropped to its lowest at 2:47 PM at R$ 4.9373 (-0.43%).Around 5:10 PM, the nearest maturity dollar futures contract on the B3
was down 0.58%, selling at R$ 4.975.Dollar Closes Lower at R$ 4.97 After Touching R$ 5
(Photo Internet reproduction)Earlier, the spot dollar surged in Brazil, nearing R$5, prompting selling by exporters and investors holding US
positions, with investors taking profits
international trends, where the United States currency experienced losses against other currencies from early on.Close to 5:10 PM, the
dollar index, which measures the performance of the United States currency against a basket of six currencies, fell by 0.20% to
104.220.Economic Data Releases in BrazilIn Brazil, attention remains focused on the release of data for the rest of the week.On Tuesday, the
quarter.On Monday morning, the Central Bank sold all 16,000 traditional currency swap contracts offered for the rollover of June maturities.
