Dollar Plunges 11% in One Month as Market Projects Slide Down to R$4.25

International investors' appetite for Brazilian and emerging assets increases demand for Brazilian currency.

RIO DE JANEIRO, BRAZIL - Covid-19 vaccination, a peaceful transition of power in the United States, expectations of further fiscal stimulus, and signs of an end to emergency aid in Brasília.

The scenario of reduced uncertainties about the economy that seemed unlikely until a month ago, when the dollar was rated above R$ 5.80, has finally materialized and knocked down the price of the Subscribe to our Premium Membership Plan. Already Subscribed?