The dollar rises and closes above R$ 5,52, with the market attentive to the direction of the economy.
There are also concerns about the unfolding conflict between Israel and Iran in the Middle East.
SAO PAULO (Reuters) - After fluctuating below R$5,50 in response to the Selic rate hike, the dollar turned positive and closed higher against the real this Friday after the holiday, amid concerns about developments in the conflict between Israel and Iran in the Middle East.
In a session with reduced liquidity, the spot dollar closed up 0,47%, at R$ 5,5270. However, for the week, the currency accumulated a decline of 0,26% and, for the year, a drop of 10,55%.
At 17:07 PM on the B3 exchange, the dollar for July – currently the most liquid in Brazil – was down 0,71%, at R$ 5,5335.
(By Fabrício de Castro)
