Brazil: Dollar rises to R$5.43 on recession fears in the USA

The currency is at its highest level since January 24, when it closed at R$5.50. With yesterday's performance, the dollar accumulated a high of 3.98% in July.

RIO DE JANEIRO, BRAZIL - On another day of turbulence in the domestic and international markets, the dollar surpassed R$5.40 and closed at its highest value since January.

The stock market closed with a slight increase, with shares of retail companies compensating for the fall of papers of commodities exporting companies (primary goods with an international quotation).

The commercial dollar closed this Tuesday, July 12, at R$5.436 . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?