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Dollar drops for 6th consecutive week; down nearly 8% in the year

RIO DE JANEIRO, BRAZIL - The commercial dollar ran against an international risk aversion trend and fell against the Brazilian real last session, reaching a 6th consecutive week of losses amidst the perception of attractive yields on the domestic scene.

The Brazilian real had the best overall performance against the dollar in the session, and leads gains among its major peers year-to-date.

The spot dollar fell 0.52% on Friday to R$5.14 to bid, after dropping 1.08% at the day's low of R$5.1107.

In the week, the dollar fell 1.93%. This was . . .

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