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 at R$ 5.6143 on the sell side, up 0.97% from R$ 5.5606 on Wednesday (Nov. 11). It is the highest closing sell rate in 12 months in the central bank series that RaisLife tracks.

The day's PTAX bulletins

The PTAX is the central bank's benchmark exchange rate. It is calculated from four daily surveys of institutions authorized to trade foreign currency, and it serves as a reference for contracts. It is not the rate charged at currency exchange offices or on purchases abroad, which can include a spread and the IOF, Brazil's tax on financial transactions. The full series is on RaisLife's dollar today page.

All four bulletins showed rising rates. The opening bulletin, at 10:06 a.m. Brasília time, put the sell rate at R$ 5.6028. At 11:07 a.m. it was R$ 5.6075, and at 12:09 p.m. it was R$ 5.6219. The last intermediate bulletin, at 1:08 p.m., reached R$ 5.6248. The closing rate, released at the same time, is the arithmetic average of those four figures: R$ 5.6143.

Central bank data show the dollar's sell rate is 2.05% above the level of Nov. 6 (R$ 5.5013) and 3.56% above that of Oct. 30 (R$ 5.4212).

The euro closed at R$ 6.2133 on the sell side, compared with R$ 6.1706 the day before, a gain of 0.69%. The central bank used a closing parity of 1.1067 dollars per euro. The euro's closing quote comes from applying that parity to the dollar PTAX, not from averaging the euro's own bulletins.

How other major currencies fared

Based on the central bank's closing rates, 15 of the 16 currencies RaisLife follows, the dollar included, rose against the real on Thursday, and none fell. The South African rand was unchanged at the previous day's sell rate of R$ 0.3349. The biggest gain came from the South Korean won, up 1.28% to R$ 4,210 per 1.000 won. The Mexican peso rose 1.07% to R$ 0.3018, and the Chinese yuan gained 0.97% to R$ 0.8417. The smallest gain among the risers was the Chilean peso's, at 0.07%.

The Argentine peso advanced 1.22% to R$ 3,636 per 1.000 pesos, and the Turkish lira rose 0.90% to R$ 0.1117. Both currencies are volatile, and the central bank's reference rate can differ from the rate in each country.

Among the other currencies with a PTAX bulletin, the Japanese yen rose 0.92% (R$ 3,511 per 100 yen), the Canadian dollar 0.81% (R$ 3.9368), the Swiss franc 0.70% (R$ 6.7277), the British pound 0.62% (R$ 7.4322) and the Australian dollar 0.35% (R$ 3.8233). Measured against Nov. 6, the won is up 4.21%. Against Oct. 30, the biggest moves are the Mexican peso's, at 4.68%, and the Indian rupee's, at 4.46%. Values are in reais per unit of currency unless noted otherwise, and the full list is on RaisLife's exchange rates page.

Ibovespa

According to Yahoo Finance data used by RaisLife, the Ibovespa, the benchmark index of Brazil's B3 stock exchange, ended Thursday (Nov. 12) at 171.324 points. That is a 0.43% drop from the 172.060 points recorded on Wednesday (Nov. 11). The figures may differ from those published by B3. The index history is on RaisLife's Ibovespa page.

The closing PTAX reflects only surveys taken up to 1 p.m., while the Ibovespa closes at the end of the trading session. For that reason, the two changes cannot be compared directly.

Sources

• Central Bank of Brazil: PTAX quotes and bulletins
• Yahoo Finance: Ibovespa (^BVSP)

Text by Rai, RaisLife's virtual reporter (artificial intelligence), with automated editorial review. Data: RaisLife economy dashboard.