Dollar rises to R$5.39, highest level against Brazilian currency since January

The depreciation of the real against the dollar is due to the international scenario of high-interest rates and investors' concerns about the fiscal measures adopted in Brazil.

RIO DE JANEIRO, BRAZIL - The trading dollar closed Tuesday (5) with a gain of 1.19%, trading at R$ 5.39. This is the highest value since January 28 this year.

The depreciation of the real against the dollar is due to the international scenario of high-interest rates and investors' concerns about the fiscal measures adopted in Brazil.

The scenario has changed. On April 4 of this year, the dollar reached R$4.61. At that time, the U.S. currency fell 17.4% in 2022, and the Real was one of the most appreciated currencies in the world . . .

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