The US dollar turned sharply higher as the Chilean peso appreciated short of expectations even after intervention by the country's central bank, which sold $ 20 billion to contain the devaluation of the local currency. The exchange rate now gains of 1.12% at R $ 4,2367 . The US dollar futures maturing in December were up 1.11% to R $ 4,2435.

Another factor is the Central Bank's policy of reducing the SELIC basic interest rate, now 5% y / y, which shifts the flow of short-term speculative capital dollars.

GT