Dollar Closes Bullish and Hits Second All-time High

Reports of new cases in countries that have relaxed social isolation add uncertainty about economic reopening; potential truckers' strike is worrying.

RIO DE JANEIRO, BRAZIL - The dollar started the week higher against the real, with the combination of negative news in Brazil and abroad.

Here, the financial market reflected a potential truckers' strike, while abroad, the rise in Covid-19 cases in countries that have tried to relax social isolation, such as Germany, China, and South Korea, has been a cause for concern.

On Monday, May 11th, the commercial dollar rose 1.5 percent and closed at R$5.824 - the second-highest in history. The tourism dollar rose slightly by 0.2 percent to R$6.05.

On Monday, truckers . . .

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