Monday, February 8, 2010

Mpower media

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Friday, January 22, 2010

The dollar increases

The dollar surpassed the threshold of R $ 1.80 on Thursday (21), driven by the tension in international markets with the release of proposals by the U.S. government to limit the activity of large banks and reduce the risk of a new crisis.

The U.S. currency ended at R $ 1.801, up 0.45%. Last month, after having risen in 11 of 14 trading sessions, accumulated by the high dollar is 3.33%. It is the first time since September 24 that the dollar closed above U.S. $ 1.80.

The dollar began the day in the fall, returning part of the recovery of the previous day. According to market professionals, with the rate at highest level since September, there was an increase in demand for agents interested in selling foreign currency at a relatively high level.

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