Dollar Surpasses R$6 in Exchange Bureaus, Spurs Remittances from Abroad

The currency was already rising with the coronavirus crisis, but the trend was intensified with Sérgio Moro's resignation from the Ministry of Justice.

RIO DE JANEIRO, BRAZIL - The dollar, which had already been soaring as a result of the Coronavirus crisis, gained a further boost on Friday, April 24th, as Sérgio Moro stepped down from the Ministry of Justice. The assessment of analysts and exchange operators is that the US currency should continue to appreciate in the short term.

The commercial dollar closed up 2.538 percent, at R$5.6653 buying and R$5.6681 selling. At the . . .

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