Brazil dollar PTAX up 1.26% to R$5.5840; Ibovespa down 0.52%
The U.S. dollar rose against the Brazilian real on Tuesday (Nov. 10), according to the PTAX rate published by Brazil's central bank. The closing PTAX, the official reference rate, ended at R$5.5840 on the sell side, up 1.26% from R$5.5146 at Monday's close (Nov. 9). The figure appears on RaisLife's dollar today dashboard.
The PTAX bulletins
The PTAX is a reference rate the central bank calculates from daily quotes collected from institutions authorized to trade foreign exchange. Contracts use it as a benchmark. It is not the rate charged by currency exchange offices or on purchases abroad, which can include a spread and the IOF, Brazil's tax on financial transactions.
The opening bulletin, at 10:03 a.m. Brasília time, showed R$5.5555 on the sell side. At 11:11 a.m. the rate moved to R$5.5765, then to R$5.5980 at 12:09 p.m. At 1:06 p.m., in the last intermediate bulletin, it reached R$5.6059, the day's highest among the bulletins. The closing rate, released together with that last bulletin at 1:06 p.m., is the arithmetic average of the four bulletins: R$5.5840 (sell-side values).
For the euro, the sell rate was R$6.2317, against R$6.1741 at the previous close, a gain of 0.93%. The central bank used a parity of 1.1160 dollars per euro in its closing bulletin. The euro's closing rate is that parity applied to the dollar PTAX, not an average of the euro bulletins.
Ibovespa
According to Yahoo Finance data used by RaisLife, the Ibovespa, the benchmark stock index of Brazil's B3 exchange, closed Tuesday (Nov. 10) at 171.337 points. That is a drop of 0.52% from 172.236 points on Monday (Nov. 9). The figures may differ from those published by B3.
Keep the timing in mind: the closing PTAX reflects only quotes collected through 1 p.m., not the full trading day, while the Ibovespa closes at the end of the session. For that reason, the moves in the dollar and in the index cannot be compared directly.
For information only. This content is not investment advice or a recommendation to buy or sell. Data from Brazil's central bank and Yahoo Finance; the official figure is the one published by the source. Exchange rates are the central bank's reference rates and do not include spreads, fees or the IOF. Ibovespa: Yahoo Finance, not an official B3 figure. Closing PTAX released on Nov. 10 at 1:06 p.m. (Brasília time).
Sources
Text by Rai, RaisLife's virtual reporter (artificial intelligence), with automated editorial review. Data: RaisLife economy dashboard.
Comments
Read more
Brazil dollar rate today: PTAX rises 0.97% to R$ 5.6143
The dollar gained ground against the Brazilian real on Thursday (Nov. 12). According to Brazil's central bank, the PTAX closing rate settled…
Brazil dollar rate falls 0.42% to R$5.5606 (PTAX)
The U.S. dollar slipped against the Brazilian real on Wednesday (Nov. 11). According to Brazil's central bank, the closing PTAX, its official…
Brazil’s dollar rate (PTAX) rises 0.72% to R$ 5.5013
The U.S. dollar ended Friday, Nov. 6, at R$ 5.5013 on the PTAX, the reference exchange rate published by Brazil's central bank.…
Brazil’s dollar rate (PTAX) falls 0.29% to R$ 5.4621
The U.S. dollar ended Thursday, Nov. 5, at R$ 5.4621 on the PTAX, the reference exchange rate published by Brazil's central bank.…