AGU investigates R$ 0,20 difference in Google’s dollar rate and takes action after official closing price diverges from displayed rate on holiday
The Attorney General’s Office (AGU) sent a letter to the Central Bank of Brazil on Wednesday (25th) requesting information about the dollar rate on this holiday. The data provided by the Central Bank will support the potential action of the Attorney General’s Office in relation to Google, which displayed the dollar rate at R$ 6.38 on Wednesday (25th), R$ 0.20 higher than the official closing price recorded on the 23rd.
After the AGU’s action, Google no longer displays the R$ 6.38 rate as a result of user searches.
“The AGU’s action aims to combat economic data misinformation of great relevance to Brazilian society,” emphasizes Attorney General Jorge Messias.
“Recently, unknown sources have again disseminated information about the real dollar rate on the Google platform. The Ptax exchange rate is the official rate in Brazil, not defined on this Wednesday by the Central Bank due to the holiday,” he adds.
In the letter sent to the Central Bank, the AGU seeks to clarify any inconsistencies in the value presented on the digital platform, as the last closing price recorded the dollar at R$ 6.18.
“It is indeed strange that, on a holiday like December 25th, a disparity in information related to the dollar rate occurs,” highlights the AGU document sent to the Central Bank.
Through the document sent by the AGU, which has a sense of urgency in the response, the Central Bank is requested to provide information such as the dollar rate in Brazil on Wednesday, 25/12; the value of the American currency in other countries on the same date; and whether the rate in other countries can impact the Brazilian currency rate on the holiday.
