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 reference rate, was R$5.5606 on the selling side, down 0.42% from R$5.5840 at Tuesday's (Nov. 10) close.

The PTAX bulletins

The PTAX is the benchmark rate the central bank calculates from four daily surveys of institutions authorized to trade foreign currency. It serves as a reference in contracts. The full series is on RaisLife's dollar today panel. 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 opening bulletin, at 10:04 a.m. Brasília time, put the selling rate at R$5.5553. At 11:07 a.m. it rose to R$5.5605, at 12:02 p.m. it moved to R$5.5593, and at 1:02 p.m., in the last intermediate bulletin, it reached R$5.5674, the highest of the day's bulletins. The close, released together with that last bulletin at 1:02 p.m., is the arithmetic average of the four bulletins: R$5.5606 (selling rates).

The central bank's data show the dollar's selling rate 1.08% above its level on Nov. 6 (R$5.5013) and 2.57% above its level on Oct. 30 (R$5.4212).

In the euro's reference quotation, the selling rate was R$6.1706, against R$6.2317 at the previous close, a drop of 0.98%. The central bank used a parity of 1.1097 dollars per euro at the close. The euro's closing rate comes from applying that parity to the dollar PTAX, not from averaging the euro's own bulletins.

Major currencies at a glance

Based on the central bank's closing rates, 15 of the 16 currencies RaisLife tracks (the dollar included) lost ground against the real on Wednesday. The Swiss franc fell the most, 1.18%, to R$6.6810 on the selling side. The Japanese yen followed with a 1.14% decline, to R$3,479 per 100 yen, and then the euro, down 0.98%. The only gain was the South Korean won: 0.02%, to R$4,157 per 1.000 won.

Among the others, the British pound dropped 0.81% (R$7.3861), the South African rand 0.80% (R$0.3349), the Chilean peso 0.76% and the Canadian dollar 0.70% (R$3.9052). Values are in reais per unit of the currency unless noted otherwise. The full list is on the exchange rates page.

Ibovespa

According to Yahoo Finance data used by RaisLife, the Ibovespa, the benchmark stock index of Brazil's B3 exchange, closed Wednesday (Nov. 11) at 172.060 points, up 0.42% from 171.337 points on Tuesday (Nov. 10). The figures may differ from those published by B3.

The closing PTAX reflects only the surveys taken through 1 p.m., not the whole day, while the Ibovespa closes at the end of the trading session. For that reason, the two changes are not directly comparable.

Sources

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

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