Dollar Closes at Lowest Level in Three Weeks

Donald Trump recently criticized Brazil for keeping its currency artificially low and announced he was restoring tariffs on steel products.

RIO DE JANEIRO, BRAZIL - The dollar opened high on Thursday, December 5th. At around 9:30 am  the dollar reached R$ 4.22, but reversed the trend in the early afternoon and began to fall.

Market participants attributed the dollar's sudden decline to market interventions by the Brazilian central bank.

A few days ago, Donald Trump had accused Brazil and Argentina of keeping the value of their currencies artificially low.

In the stock market, the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?