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Dollar climbs to R$5.52; stock market closes at lowest level in one year

RIO DE JANEIRO, BRAZIL - The commercial dollar closed Wednesday (17) at R$5.524, up R$0.024 (+0.45%). The quotation fell during most of the morning, reaching R$5.47 at the day's lowest, around 10:00 AM. However, it reversed the trend from the end of the morning and settled between R$5.52 and R$5.53 in the final trading hours.

Despite yesterday's high, the North American currency is down 2.16% in the month. In 2021, appreciation reaches 6.46%.

The day was also turbulent in the stock market. The Ibovespa index . . .

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