On May 29, the U.S. dollar soared to R$5.20 against the Brazilian real amid U.S. monetary policy uncertainties. By day’s end, it slightly receded to R$5.208, reflecting similar uptrends in the futures market, where it increased by 0.88% to 5205 points on Brazil’s B3 exchange. Initially, weaker U.S. consumer price inflation data softened the dollar. […]
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