São Paulo – The US dollar was down 1.56% at closing time this Thursday (2nd) in Brazil, to R$ 3.096. Other currencies also lost value in relation to Brazil’s real. The euro slid 1.37% to R$ 3.435. The pound closed at R$ 4.83 for sale, down 1.69%.
Reuters reported that the US dollar lost value because a jobs creation report released this Thursday in the United States showed that 223,000 job posts opened in June, with unemployment dropping to 5.3%. Jobs creation fell short of expectations, indicating that it could be longer than expected before the Federal Reserve raises interest rates. The euro and pound lost value against the real due to the US dollar’s influence.
The main index of the São Paulo Stock Exchange (Ibovespa) was up 0.66% to 53,106 points. Petrobras preferred shares (no voting rights) closed at R$ 12.30, up 0.99%. Common shares (with voting rights) were up 0.89% to R$ 13.64.
*Translated by Gabriel Pomerancblum
