Brazil’s Dollar Rate Rises 1.33% to R$ 5.4935 (PTAX)

The U.S. dollar rose against the Brazilian real on Tuesday (Nov. 3), according to Brazil's central bank. The bank's closing PTAX rate, the official reference rate for the dollar, ended the day at R$ 5.4935 on the sell side, up 1.33% from R$ 5.4212 at the last close, on Friday (Oct. 30). Monday (Nov. 2) was All Souls' Day (Finados), a Brazilian holiday, and no bulletin was published, so the comparison is with Friday. The figure appears on the dollar today panel.

The PTAX bulletins

The PTAX is a reference rate that the central bank calculates from daily quotes collected from institutions authorized to trade foreign exchange. It is used as a benchmark in 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 opening bulletin, at 10:04 a.m. (Brasília time), put the sell rate at R$ 5.4898. At 11:06 a.m. it stood at R$ 5.4915, and at 12:02 p.m. at R$ 5.4951. In the last intermediate bulletin, at 1:06 p.m., it reached R$ 5.4976, the highest of the four. The closing rate, also released at 1:06 p.m., is the average of those four bulletins: R$ 5.4935. All figures are sell rates.

On the closing PTAX, the euro ended at R$ 6.1500 on the sell side, up 1.62% from R$ 6.0522 at the previous close. The parity the central bank used in the closing bulletin was 1.1195 dollars per euro.

Major currencies against the real

On the central bank's closing sell rates, 15 of the 16 currencies that RaisLife tracks rose against the real from the previous close, on Oct. 30. The only one to fall was the Colombian peso, down 0.94% to R$ 1,692 per 1.000 pesos.

The biggest gain was the Chilean peso's 2.56%, to R$ 5,605 per 1.000 pesos. Other large gains came from the South African rand, up 2.00% (R$ 0,331 per unit), the Mexican peso (1.70%), the euro (1.62%), the Swiss franc (1.58%), the Indian rupee (1.47%) and the British pound (1.46%). Quotes for each currency, with price history, are 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 on Tuesday (Nov. 3) at 165.529 points. That is a drop of 1.43% from 167.922 points on Friday (Oct. 30), the previous trading session in the data. The sources consulted do not state the causes.

The points are Yahoo Finance's and may differ slightly from those published by B3. The percentages were calculated on unrounded values.

Sources

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

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