RIO DE JANEIRO, BRAZIL - The dollar abandoned the firm uptrend from the beginning of the day. It began to fall on Thursday, July 8, with the market strongly influenced by the sale of half a billion dollars by the Central Bank in foreign exchange swap contracts.
Since March, it was the first net offer of the type after the price jumped above R$5.30 in the late morning. At 4:45 pm, the spot dollar was up 0.27% to R$5.25 on sale.
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