RIO DE JANEIRO, BRAZIL - The dollar began the week dropping to its lowest level in almost 7 months against the real, with the Brazilian currency showing the best overall performance on Monday, benefiting from the continuous rotation of flows favoring higher interest rate markets - such as Brazil - in a seemingly unfazed reaction to the geopolitical crisis involving Russia.
The spot dollar closed the day down 0.70% at R$5.1059. This is the lowest value . . .