Dollar Reaches R$5.70, Closes at R$5.66 Amid Central Bank Speculation

Tuesday saw the dollar’s value fluctuate significantly, initially peaking at R$5.70 before settling at R$5.665, up 0.22%. This volatility followed renewed criticism of the Central Bank by President Luiz Inácio Lula da Silva and his announcement to discuss currency measures. Early in the day, the dollar started low but reversed course as Lula criticized the […]