The United States currency gained over 2% this Tuesday in Brazil.
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The United States currency gained 0.86% this Monday to end the day selling for close to BRL 3.90.
As trading ended this Friday in Brazil, the United States currency was selling for BRL 3.864, its strongest price since July 16.
The United States currency was selling for BRL 3.72 as trading ended on Friday.
The Brazilian monetary authority said it will offer currency swap contracts starting next week to reduce volatility of the United States currency.
The United States currency closed at BRL 3.812 this Thursday, up 2.64% from the day before.
The recent hike of the US currency against the real will cause expenditure on trips abroad by Brazilians to lose steam, according to the head of the Central Bank’s Statistics Department.
The United States currency ended the day selling for BRL 3.661, up 0.9%, climbing for the third straight day.
