On Friday morning, the dollar in Brazil opened at a slight increase of 0.24%, reaching R$ 5.1516. This rise follows the announcement that the IPCA-15, which measures inflation, increased by 0.84% in February according to the Brazilian Institute of Geography and Statistics (IBGE). Investors are interpreting this inflation data as a signal for economic activity and currency valuation.

Additionally, market analysts are awaiting the formation of the end-of-month Ptax rate, which is calculated by the Central Bank based on market quotes. The Ptax serves as a reference for settling future contracts, and financial agents often attempt to guide it to levels favorable to their market positions just before month-end.

Recently, on Thursday, the dollar also experienced a small increase and the stock market had a slight decline, reflecting the mixed sentiment among investors. The ongoing release of corporate earnings results, particularly from major U.S. companies like Nvidia, is influencing market dynamics and investor decisions as they navigate through this economic landscape.