São Paulo – At the end of Thursday (28), the dollar had dropped 0.51% at BRL 3.8557. The price of the North American currency reversed in part the strong hike registered yesterday when the dollar climbed 2.04% and reached BRL 3.8755. The calm during the day kept the Brazilian Central Bank (BC) of holding new swap contracts auctions, such as the ones registered yesterday that were worth USD 2.4 billion.
The main index of the São Paulo Stock Exchange, Ibovespa, reacted to yesterday’s decline, ending the day (28) climbing 1.64% to 71,766 points. Shares of the large companies followed Bovespa’s hike, ending the trading day going up. Petrobras’ preferred shares went up 0.12%, with preferred shares of Vale and Itaú also climbing 1.91% and 3.06%, respectively.
Translated by Sérgio Kakitani