Brazilian Real: Dollar has day of relief after stress, but remains above R$ 5.20 (July 20)

After rising by more than 2% yesterday, the dollar again appreciated against the real in the first phase of business, but the momentum of the American currency lost strength in the late morning.

RIO DE JANEIRO, BRAZIL - After a very volatile morning, the dollar calmed down against the real, erasing part of yesterday's rise, when an environment of risk aversion dominated global markets.

At the end of the day, the dollar traded at R$ 5.2307, down 0.37% in the spot market. The recovery of the Brazilian currency is in line with similar movements in other emerging currencies, but on a day when the dollar strengthened against the major currencies, which limited the appreciation of the exchange rate here.

From the minimum to the maximum of the day, the American currency . . .

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