The dollar fell for the fourth day in a row amid a global currency adjustment movement. The stock exchange resisted the volatility abroad and rose again, having its best weekly performance since March 2021.
The commercial dollar closed this Friday (14) sold at R$ 5.513, with a decrease of 0.29%. The price operated higher for most of the day, reaching R$5.55 around 11:30 am, but reversed the movement and retreated towards the end of negotiations.
The currency closed the week with a drop of 2.12%. In 2022, the accumulated decline reaches 1.09%.
In the stock market, the day was also marked by a truce. The B3 Ibovespa index closed at 106,928 points, up 1.33%. The indicator came to operate lower during the morning, but went up to close at the best level since December 17.
The stock has weathered the instability in US markets, where shares of financial sector companies have tumbled because of falling profits at some banks that are reporting earnings. In Brazil, however, the assessment prevailed that the shares on the Ibovespa were too cheap after the recent drops, which stimulated the purchase of securities by investors.
As for the dollar, the global financial market started to consider that the expectation of an increase in interest rates by the Federal Reserve (Fed, North American Central Bank), still this semester is priced (incorporated) to the forecasts, removing the upward pressure of the currency. This trend was confirmed after the release of consumer and producer inflation indices in the United States in December, which were within expectations.