# BRL Weakens as US-Brazil Rate Gap Narrows

> The Brazilian real weakened to about 5.19 per USD in late June as the dollar strengthened broadly after hawkish Fed projections. Markets began pricing more than one US rate hike this year. The Selic at 14.25% remains well above US rates, but the gap is expected to narrow.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/19018-brl-weakens-as-us-brazil-rate-gap-narrows
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real lowers the dollar cost of Brazilian soybean and corn exports, which can pressure world prices for feed grains and meal.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2026-08-28 | [Brazilian Real Weakens as Fed Hike Bets Rise](https://feedsoft.ai/events/18106-brazilian-real-weakens-as-fed-hike-bets-rise.md) | -1.2% | +0.4% |
| USDBRL | 2019-09-19 | [USDBRL soars, COFFEE down as Brazil cuts rates \| XTB](https://feedsoft.ai/events/57286-usdbrl-soars-coffee-down-as-brazil-cuts-rates-xtb.md) | +2.0% | +1.6% |
| USDBRL | 2024-11-12 | [Brazil’s real weakens, interest rates climb under Trump effect](https://feedsoft.ai/events/27618-brazil-s-real-weakens-interest-rates-climb-under-trump-effect.md) | -0.6% | +4.7% |
| USDBRL | 2016-11-14 | [Brazil real weakens for fourth day as Trump concern boosts U.S. yields](https://feedsoft.ai/events/9711-brazil-real-weakens-for-fourth-day-as-trump-concern-boosts-u-s-yields.md) | +0.7% | -0.4% |
| USDBRL | 2023-01-09 | [Brazil’s Real Weakens Following Attacks on Government Buildings](https://feedsoft.ai/events/37982-brazil-s-real-weakens-following-attacks-on-government-buildings.md) | -3.0% | -1.0% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/brazil/currency/news/561628

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.