Commercial Dollar Rises, Reaches R$4.32 for First Time

The tourism dollar stands at R$4.49, up 0.9 percent.

RIO DE JANEIRO, BRAZIL - The commercial dollar opened higher on Friday, February 7th, and reached an unprecedented high of R$4.32. Around 12:05 PM, the currency rose 0.8 percent to a record R$4.322. The tourism dollar stood at R$4.49, up 0.9 percent.

The trend reflects the combination of the interest rate cut in Brazil and the improvement of the US economy, which strengthens . . .

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