Economy
US dollar jumps 1.58% and closes at R$ 5.65, reaching 17-month high
The American currency reached its highest level since June 2025, driven by negative investor reaction to the fiscal package and the external scenario.
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The essentials of this story
- What happened
- The commercial dollar surged 1.58% to close at R$ 5.6507, reaching its highest level since June 2025.
- Who is affected
- Investors, companies with foreign exchange exposure, and the financial market in general.
- What changes
- The American currency exchange rate reached recent record highs amid negative reactions to the government's fiscal package and significant drops on the stock exchange, driven by Banco do Brasil's results.
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Sources
- Dólar dispara 1,58% e fecha a R$ 5,65, maior nível em 17 meses — Agência Brasil — economia
