Feb. 22, 2021
The dollar is trading sharply higher on Monday (22), in a day of turbulence in the markets after President Jair Bolsonaro announced on Friday night (19) the appointment of a new CEO for Petrobras, raising fears of interference.
Concerns about interferences in Petrobras' pricing policy and in the management of state-owned companies impact the foreign exchange market as they intensify uncertainties about the country's fiscal situation, which also affects the confidence of foreign investors in relation to Brazil and, therefore, consequence, the inflow of dollars.
Dollar operates at a strong high, above R $ 5.52
The dollar is trading sharply higher on Monday (22)today, in a day of turbulence in the markets after President Jair Bolsonaro announced onlast Friday night (19) the appointment of a new CEO for Petrobras, raising fears of interference.
Adding the dates aren't really needed for newspaper articles since we can just look at the created date/it's latest news
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The dollar is trading sharply higher on Monday (22), in a day of turbulence in the markets after President Jair Bolsonaro announced on Friday night (19) the appointment of a new CEO for Petrobras, raising fears of interference. The dollar is trading sharply higher Adding the dates aren't really needed for newspaper articles since we can just look at the created date/it's latest news |
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Concerns about interferences in Petrobras' pricing policy and in the management of state-owned companies impact the foreign exchange market as they intensify uncertainties about the country's fiscal situation, which also affects the confidence of foreign investors in relation to Brazil and, therefore, consequence, the inflow of dollars. |
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