THE dollar The commercial exchange rate closed this Monday (20) with a slight decrease of 0.39%, quoted at R$ 5.0870. At its lowest point of the day, the exchange rate fell to R$ 5.0800; at its highest, it rose to R$ 5.1130. In this trading session, even in the face of escalating tensions in the Middle East, markets adopted a movement of greater risk appetite, favoring currencies of emerging countries, such as the real. In the geopolitical scenario, the President of the United States, Donald Trump, stated that he intends to intensify military actions against Iran after the death of American soldiers in attacks attributed to Tehran. In a social media post, Trump declared that Iran will "pay many times more" for each American soldier killed and stated that he had ordered a response from the US Armed Forces. In response, US forces claimed responsibility on Sunday (19) for attacks against the Darkhovin nuclear power plant, still under construction, in southwestern Iran. According to the Iranian state agency Irna, the bombings also hit areas of the port city of Bushehr, where the country's only civilian nuclear power plant is located. In Brazil, the highlight of the economic agenda was the release of Focus Bulletinof Central BankThe median of projections for the IPCA in 2026 fell from 5.16% to 5.15%, registering the third consecutive weekly reduction, while the estimate for 2027 remained stable at 4.20%. Investors also remained attentive to the developments of the additional tariffs imposed by the United States on Brazilian products under Section 301 of the US Trade Act, which come into effect next Wednesday (22). According to the Planalto Palace, the Brazilian government is maintaining negotiations with Washington in search of a diplomatic solution to the trade dispute, while also evaluating the adoption of measures foreseen in the Economic Reciprocity Law.

This text was translated by machine from Brazilian Portuguese.