At the close, the dollar was quoted at R$5.4238, down 1.18%, after hitting a low of R$5.4160 throughout the afternoon. This is the lowest closing value since December 15, when the American currency was quoted at R$5.4228. The euro followed the same trend, down 1.40% and listed at R$6.3580. Among the 33 most liquid currencies followed by Valuethe real achieved the best performance of the session, well ahead of the emerging pairs.
The DXY, an index that measures the strength of the dollar against six other strong currencies, rose 0.17% to 98,490 points.
Market professionals consulted by Value highlight that the improvement in the risk perception of foreign investors is due to a drop in commodity prices, which favors the behavior of the Brazilian currency and the currencies of other exporting countries. The high interest rate differential between Brazil and the United States also favors the exchange rate, with investors feeling that the Central Bank is still expected to keep the Selic rate at 15% in the first decision of the year this month.
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