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).

At the minimum of the day, at around 3 PM, it was sold at R$3,885.
At the minimum price yesterday, around 3 PM, the dollar was sold at R$3,885. (Photo by Alamy)

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$3,885. In recent weeks, the U.S. currency has fluctually strongly, briefly reaching R$ 4.10 on May 20th.

The day was quiet in the stock market. The Ibovespa (former São Paulo Stock Exchange) index B3 closed this Monday virtually stable, with a drop of 0.01 percent, at 97,020 points.


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