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

With the world's leading economies moving away from the stricter quarantine measures, an analyst believes the dollar could lose even more value against the real.

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 . . .

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