Brazilian Stock Exchange has the Highest Level

The Ibovespa, the main indicator of the Brazilian Stock Exchange, registered today its highest level since January 24th. The index rose 1.47% and registered 117,857.35 points. It is the highest Ibovespa score since January 24, when it reached 118,376.36 points. The commercial dollar closed the day up 0.34% against the real, quoted at R $ 5.106 on sale. Braskem’s shares led the gains, with a 5.61% increase. At the other end, Eletrobras’ shares fell 3.36%…

Yesterday (15), the index appreciated 1.34%, at 116,148.63 points. The US currency, on the other hand, had a fall of 0.66% against the real yesterday, quoted at R $ 5.089 on sale. The dollar value disclosed daily by the press, including UOL, refers to the commercial dollar. For those who are going to travel and need to buy currency at foreign exchange brokers, the value is much higher. Guedes reaffirms commitment to spending money …

Guedes reaffirms commitment to a spending ceiling The market remains attentive to the novelties of the vaccine against the coronavirus (covid-19) and the Brazilian fiscal problems. Earlier, Economy Minister Paulo Guedes stated that the government remains committed to spending ceilings as an anchor for fiscal sustainability and economic credibility. While participating in the launch of an OECD (Organization for Economic Cooperation and Development) report on Brazil, he said that the government will also not let temporary measures related to this year, due to the coronavirus crisis, become permanent expenses. In this context, the minister stressed that from the end of the year onwards the country …

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