Dollar drops 0.95% and reaches R$5.53 after seven consecutive increases

by Marcelo Moreira

At the last market close, the dollar fell 0.95% after seven consecutive increases. The stock market recovered 160 thousand points and remained at the highest level in the last eight days.

The commercial dollar ended Tuesday (23) sold at R$5.531. A drop of R$0.053. Even though it fell, the currency rose 3.69% in December. On the other hand, the Ibovespa index closed at 160,486 points, an increase of 1.46%. On the stock side, the market had a day of recovery.

Political and economic factors interfered in the market. In addition to the cancellation of former president Jair Bolsonaro’s interview, the release of the official inflation preview in December contributed to the stock market. The IPCA-15 closed 2025 at 4.41%, within the inflation target, below expectations.

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