Dollar today: currency opens the week low, quoted at R$ 4.87

The approval of the tax reform last Friday (07), by the Chamber of Deputies, contributed to the good mood of the markets. The improvement in the investment environment was reflected in the drop in the dollar against the real, in addition to the appreciation of the Brazilian stock exchange.

The two main changes introduced by the tax reform are the merger of five current taxes into two single taxes – one federal and one for states and municipalities. In addition, the collection of tax from the origin to the destination of the good or service. The simplification of the complex Brazilian tax reality brings optimism to those who invest in the country.

With that, the projection of the dollar until the end of the year is R$ 4.60, according to the market.

already the euro registered an increase of 0.46% and is quoted at R$ 5.34 for purchase and sale.

O Ibovespa opened on Monday at a high of 1.25% and returned to 118,000 points. The Index is at 118,897 points.

Even with the market’s improved mood with the approval of the tax reform, the previous week had a negative balance on the Stock Exchange. The index opened the previous week at 119,000 points and closed at 118,000 points, down 0.64%. The total volume traded on B3 is BRL 24 billion.

The most traded shares on the stock exchange are Vale (VALE3), Petrobras (PETR4), Itaú (ITUB4), B3 (B3SA3) and Banco do Brasil (BBAS3).

The biggest increases are in shares of Pão de Açúcar (PCAR3), at 10.15%, followed by Petz (PETZ3), at 8.51% and CVC (CVCB3), at 6.19%.

The biggest casualties were Embraer (EMBR3), with a fall of 1.99%, and Petrobras (PETR4), which retreated 0.51%.