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Dollar Closes Monday Below R$3.90; Lowest Rate in Almost 50 Days,

By Contributing Reporter

RIO DE JANEIRO, BRAZIL - The U.S. dollar began the month of June in decline. The commercial dollar selling rate closed this Monday, June 3rd, at R$3.889, with a drop of R$0.035 (0.9 percent). Below R$ 3.90 for the first time in almost 50 days, the currency is at its lowest since April 15th (R$ 3.869).

The dollar opened with a small rise but dropped in the following hours. At the daily minimum of the day, around 3 PM, it was sold at R$3,885. In recent weeks, the . . .

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