No menu items!

Dollar Records 5th Straight Drop, Again Closes Below R$5.40

RIO DE JANEIRO, BRAZIL - The US dollar closed down on Tuesday, May 26th, reflecting optimism about the reopening of the world's major economies and the prospects of a new potential vaccine proving effective against the coronavirus.

In this session, the commercial dollar dropped 1.8 percent and closed at R$5.36; the tourism dollar also retreated 1.8 percent and closed at R$5.57.

This time the market placed its hopes on the prospect of a vaccine developed by Novavax in the US state of Maryland. The day before, the company announced that it had started the . . .

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

Check out our other content