Dollar drops against real with external relief and domestic elections on the radar

O dollar started the week with a fall against the real, on Monday marked by weakness in the US currency abroad amid a pause in a global flight to safety, while, on the local scene, investors digested the presidential debate of the day before, less than two weeks before the second round of elections.

At 9:10 am (GMT), the spot dollar retreated 0.67%, to R$ 5.2878 on sale.

On B3, at 9:10 am (GMT), the first-maturity dollar futures contract dropped 0.70% to R$5.3035.

The spot US currency closed the last session, on Friday, up 0.97%, at R$5.3234 on sale, renewing its highest closing price since the 30th (R$5, 3941).

In this session, the Central Bank will auction up to 16 thousand traditional foreign exchange swap contracts for the purpose of rolling over the maturity date of November 1, 2022.

Source: CNN Brasil

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