Business · Markets · 5 hrs ago

Dollar rises to 5.02 reais as Brazil’s Ibovespa falls 1.05%

Dollar rises to 5.02 reais as Brazil’s Ibovespa falls 1.05%

Brazil’s currency and stock markets moved in opposite directions when trading resumed on Tuesday.

The session was the first after a holiday in Brazil.

The commercial dollar rose 0.71% to 5.02 reais at the close.

The Ibovespa, Brazil’s main stock market index, fell 1.05% to 206,872.78 points.

Financial trading volume totaled 31.22 billion reais.

The figures show the day’s market moves, but no reason for them or next steps was given.

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