No menu items!

Dollar hits 7-month lows with flow to Brazil amid Russian crisis

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 . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content