After breaking a record, the dollar operates in instability this Friday

Over the past few days, many people have become very concerned about the rapidly advancing dollar price. Yesterday (12), the US currency passed R$ 5, reaching the highest value in history. This Friday (13), however, the dollar operates in instability, after some interventions by the Central Bank. At 2:45 pm, the coin was priced at R$ 4.80.

Until then, the minimum value of the day had been R$ 4.6445. The maximum price, in turn, was R$ 4.8053. The Central Bank held two auctions this morning with settlement on March 17th. The return of dollars sold in the first intervention will take place on March 5th. The repurchase of those that were sold in the second auction will take place on July 2nd. Read on to learn more about the value of the dollar.

What has changed in the world now that the dollar operates in instability

In its two auctions, the Central Bank made a net dollar offer. This had not happened since December 17 and 18, 2019. In those days, the municipality sold the total amount of US$ 2.50 billion to the financial market.

It is not just the Brazilian Central Bank that has injected money into the economy. Several other central banks have provided liquidity to the markets. It is worth mentioning as an example the Federal Reserve, which has already inserted U$ 500 billion in the financial market. In addition, he also promised to inject more US$ 1 trillion.

It is also important to mention that the drop in the dollar led to the rise of several stock exchanges around the world. So today was a day of relief for markets in many countries. The Ibovespa, for example, started the session operating at a high of 15%. By 3pm, it was up over 9%. This was a day of recovery for the Brazilian stock market after a sharp drop in the previous session. Yesterday, the Bovespa drop was 14.78%.

Final considerations

Having said that, we News Report we hope to have clarified the main information about the instability of the value of the US currency. Tell us in the comments if you have plans to travel to another country in the coming months and expect the dollar to become cheaper.

Also, comment if you think the value of the coin will drop further or become more expensive. We want to know your opinion at this time when the dollar operates in instability. Finally, be sure to follow our website. We will always keep you informed about the economy of our country and other places in the world!

Source: G1