The US dollar closed at 4.98 Brazilian reais on average, representing a change of 0.42% compared to the previous day’s figure of 4.96 reais.
Considering the data from the last seven days, the US dollar has seen an increase of 0.28%; however, over the past year, it still shows a decrease of 3.02%.
Compared to previous days, it marked three consecutive sessions with positive digits. Regarding the volatility of the past few days, it stood at 5.91%, which is clearly lower than the annual volatility figure (10.74%). Therefore, in this latest phase, it is experiencing fewer fluctuations than expected.
The Brazilian economy positioned itself as the fastest-growing in Latin America driven by the agricultural sector and exports; however, the National Confederation of Industry (CNI) estimates that this year will not see a repeat of this situation due to the lack of a solid foundation.
The CNI believes that the international economic context will prevent the same historical increases as last year and expects a slowdown of up to 0.2 percent.