INSUBCONTINENT EXCLUSIVE:
On Monday, the United States dollar saw a minor decrease, continuing its recent slump amid global currency weaknesses.This week, investors
Wednesday.The Central Bank engaged in the market, auctioning up to 12,000 traditional foreign exchange swap contracts to extend the maturity
set for July 1, 2024.By the close of trading, the spot dollar had declined by 0.23%, settling at R$ 5.104 for both buying and
United States Fed Rate Decision Looms
(Photo Internet reproduction)Commercial Dollar Rates:Selling: R$ 5.115Buying: R$ 5.114Tourist Dollar Rates:Selling: R$5.325Buying: R$
Expectations are leaning towards a potential delay in United States interest rate cuts due to recent challenging inflation figures.In
addition, Federal Reserve Chair Jerome Powell has noted that future decisions will hinge on the incoming economic data.Market projections
anticipating just one rate reduction this year, expected in November.Additionally, there is heightened alertness in the markets regarding
There could be potentially significant impacts on international financial stability and economic forecasts.
