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Brazilian central bank director Fabio Kanczuk said short-term asset rebounds would not change monetary policy. He added that policymakers are watching how the exchange rate and commodity prices feed into inflation expectations.
The real had rallied about 20% from its May low near 6.00 per dollar.
Policy focus on currency and commodity-driven inflation signals how rates and the real may move, which matters for Brazilian export pricing of grains and meals.
whbl.comSyndicated Content9 jun 2020Tras 92 eventos neutral de macro pasados, Real brasileño (BRL por USD) se movió una mediana de +0,4 % en 5 sesiones (58% al alza; mitad central entre -0,7 % y +1,4 %), y +0,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
