Strong Dollar Abroad Pushes Rate to R$ 4,39 as Market May Force Central Bank Auction

The dollar closed again at its highest nominal value since the creation of the real. The currency rose +0.58 percent on Thursday morning, February 20th.

RIO DE JANEIRO, BRAZIL - Up for the fourth consecutive day, the dollar closed again at its highest nominal value since the creation of the real. On Thursday, February 20th, the USD closed the session at R$4.392, up 0.026 (+0.59 percent).

Marcelo Castro, of Terra Investments, says that the dollar is strong abroad and that Brazil is following the international trend, but the spot price now exceeds the amount that triggered the Central Bank last Thursday (R$4 . . .

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