Dollar Sees Highest Daily Rise in Seven Months, Closes at R$4.08

The stock market dropped 0.33 percent following the disappointing pre-salt auction result.

RIO DE JANEIRO, BRAZIL - On a day marked by tensions in the financial market, the North American currency saw its highest daily rise in seven months, as the stock market fell.

The commercial dollar closed Wednesday, November 6th, selling at R$4.082 - up R$0.089 (+2.22 percent).

This was the highest for a day since March 27th, when the currency had risen 2.27 percent. The dollar is at its highest . . .

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