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Dollar climbs to R$5.29 with negative risks abroad and in Brazil, then subsides

RIO DE JANEIRO, BRAZIL - Shortly before 10:15 AM, the dollar was up 0.16% at R$5.2537 on the spot exchange market, after hitting a high of R$5.2972. With investors looking for safety assets, the U.S. currency appreciated against strong currencies and compared to most of the emerging currency pairs of the Brazilian real.

In the interest rate futures market, the rate of the Interbank Deposit (DI) contract for January 2022 rose from 6.63% in the last adjustment to 6.595% and the DI for January 2023 increased from 8.34% to 8.36 . . .

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