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Dollar Falls Sharply Against the Real After a Six-Week

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The dollar began the week with the biggest drop in about a month and a half against the real, with investors sticking to recent news about the government’s articulation with Congress and the more benign foreign scenario for emerging currencies.

The spot dollar closed lower at 1.15 percent, at 3.8572 reais on the sale.

It is the largest daily fall since February 12, 2019 (-1.31 percent).

On Friday, the price had soared 2.69 percent to 3.9022, the highest daily high in 22 months.

In B3, the reference to the future dollar yielded 1.32 percent, to 3.8565 reais.