Dollar falls to R$4.98 and accumulates loss of 4.44% in the week

The dollar closed falling this Friday (9), below R$5 for the second consecutive session, while the Brazilian stock exchange renewed historic records. The US currency fell around 0.8% on the day and accumulated a drop of more than 4% in the week after the first round.

The stock market advanced approximately 1.4% in the session and closed above 209 thousand points. In the international market, Brent oil rose and remained above US$100 per barrel.

Numbers of the day:

Commercial dollar: R$4.985 (-0.78%);

Dollar for the week: decline of 4.44%;

Ibovespa: 209,066.90 points (+1.38%);

Ibovespa for the week: increase of 8.82%;

Brent oil: US$104.72 per barrel (+0.42%);

WTI oil: US$91.85 per barrel (+0.39%).

Dollar below R$5

The spot commercial dollar ended this Friday's session with a drop of 0.78%, quoted at R$4.985. Around 1 pm, the currency reached a low of R$4,977.

In the first week after the first round of elections, the currency accumulated a devaluation of 4.44% against the real. For the year, the drop reached 9.18%.

The movement occurred amid the appreciation of emerging country currencies and investor expectations regarding the Brazilian political scenario following the release of electoral surveys.

The market also followed the release of official inflation. According to the Brazilian Institute of Geography and Statistics (IBGE), the Broad National Consumer Price Index (IPCA) rose 0.82% in September. In 12 months, inflation accumulated an increase of 4.58%.

Abroad, the DXY index, which measures the performance of the US currency against a basket of six strong currencies, rose 0.08%, according to one of the quotes released in the afternoon.

Stock market breaks record

Ibovespa, the main index on the Brazilian Stock Exchange, advanced 1.38% this Friday and closed at 209,066.90 points, a new closing record. During the trading session, the indicator also reached an all-time high of 209,713.45 points.

During the week, the Ibovespa accumulated an increase of 8.82%. The performance was driven by the flow of investments into Brazilian shares and expectations surrounding the electoral scenario and economic policy from 2027 onwards.

New York stock exchanges also closed higher. The S&P 500 index, of the 500 largest American companies, advanced 0.60%, in a session marked by expectations for the third quarter corporate earnings season and investors' attention to the next inflation data.

Oil rises

Oil futures contracts closed higher this Friday, with investors monitoring the risks of supply disruption, tensions in the Middle East and the effects of adverse weather conditions on North American production.

The Brent barrel for December, a reference for international negotiations, advanced 0.42% and ended the session at US$ 104.72.

Texas WTI crude for November rose 0.39% to $91.85 per barrel.

During the week, Brent accumulated an appreciation of 2.41%. WTI advanced 0.81%.

Prices were supported by concerns about global supply, amid conflict in the Middle East and reports of incidents on strategic oil transport routes. In the United States, the passage of Hurricane Isaias also led producers to interrupt part of the extraction in the Gulf of Mexico, increasing concerns about supply.

* with information from Reuters