RIO DE JANEIRO, BRAZIL – The commercial dollar closed down marginally by 0.01% on Friday, trading at R$ 5.1154, near the day’s highs.
Despite closing practically stable, the day was marked by strong volatility, a mirror of the uncertainties abroad. The U.S. currency weakened against most emerging currencies, returning to the previous day’s high.
In the final stretch of the trading session, the sharper drop in US stock markets ended up limiting the recovery of the Brazilian real.
Even so, the American currency ended the week with an accumulated drop of 2.27%. With this, the accumulated increase in July falls to 2.87%.