Dollar Closes Below R$4.10 for First Time in More Than a Month

The financial market had a session of optimism one day after rating agency Standard & Poor's announced an upgrade in the outlook for the Brazilian public debt rating, from stable to positive.

SÃO PAULO, BRAZIL - On a day of optimism in the financial market, the U.S. currency closed at its lowest level in more than a month, and the stock market broke a record.

The commercial dollar was sold on Thursday, December 12th, at R$4.089, with a drop of R$0.029 (-0.7 percent). The U.S. currency is at its lowest level since November 6th, when it reached

The currency opened slightly up, but reversed the trend and began to operate at a low level during the morning. The dollar accumulated in December a 3.56 . . .

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