O dollar 🇧🇷USDBLR) fell sharply for the third consecutive session this Wednesday and closed below 5.20 reais, following an intense international movement in search of risk after the US central bank signaled that it will moderate its rate of hikes fees🇧🇷
Despite the recent slump, the dollar still closed November with a rise of 0.67%, contrary to the external trend, after fears about the magnitude of extra spending intended by the elected government and doubts about who will be the finance minister of Luiz Inacio Lula da Silva heightened stress in Brazilian markets earlier this month.
The US currency in sight fell 1.68% in this trading session, to 5.1996 reais, the lowest closing level since the last day 9 (5.1845).
In the accumulated of the last three sessions, the dollar plummeted 3.85%.
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