Dollar Soars to Yearly High Against Brazilian Real as Uncertainties Loom

INSUBCONTINENT EXCLUSIVE:
On Monday, the U.S
dollar soared to its highest value against the Brazilian real since January 4, 2023, closing at R$5.357.This spike mirrors broader global
(Photo Internet reproduction)This morning, the Central Bank of Brazil managed to sell all 12,000 offered traditional swap contracts to
Minister Fernando Haddad.Further adjustments occurred on Monday
The spot dollar briefly fell to R$ 5.3155 but quickly rebounded to R$ 5.3901 by late morning.This rise reflects adjustments from the
economic indicators, are revealed.As of late afternoon, the dollar had maintained its strength globally
At 5:16 PM, the U.S
robustness in the face of fluctuating global and domestic scenarios.