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Dollar nears 5 reais and the Stock Exchange closes at 120 thousand points

The quotation of the commercial dollar approaches R$5 this Friday (Nov. 4). The US currency, which closed at R$ 5.13 the day before, fell to R$ 5.03 this morning.

The Ibovespa, the main index of the B3 (São Paulo Stock Exchange), rises more than 2.50%, to 119,821 points.

The markets in Brazil surf on the international optimism caused by rumors that the government of China should reopen the economy and abandon the policy of restrictions against the covid-19, a measure that contributes to global economic growth.

In Asia, the Shanghai index closed up . . .

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