# Real strengthens despite capital outflows

> The Brazilian real rose to its strongest level since May 2024, at about R$5.10 per dollar, after a two-week US-Iran ceasefire improved global risk sentiment. Analysts attributed the real's outperformance to high Brazilian interest rates, oil exports and the electoral backdrop, even as exchange data showed capital outflows.

- Date: 2026-04-09 · published 2026-04-09T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/19932-real-strengthens-despite-capital-outflows
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger real reduces the local currency cost of imported feed ingredients and fertilizer, while the ceasefire-driven risk rally points to softer energy costs that can ease feed production expenses.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-12-03 | [Brazilian Real Strengthens for 2nd Session](https://feedsoft.ai/events/8058-brazilian-real-strengthens-for-2nd-session.md) | +1.8% | +2.5% |
| USDBRL | 2025-09-18 | [Brazilian Real Strengthens to Over 1-Year High](https://feedsoft.ai/events/23089-brazilian-real-strengthens-to-over-1-year-high.md) | +0.2% | +2.4% |
| USDBRL | 2020-06-29 | [Brazilian Real Strengthens on EM Risk Appetite, Falling COVID-19 Cases](https://feedsoft.ai/events/52813-brazilian-real-strengthens-on-em-risk-appetite-falling-covid-19-cases.md) | -2.8% | -5.2% |
| USDBRL | 2026-09-25 | [Brazilian Real Strengthens Following Inflation Data — TradingView News](https://feedsoft.ai/events/17668-brazilian-real-strengthens-following-inflation-data-tradingview-news.md) | +0.7% | -3.0% |
| USDBRL | 2026-01-30 | [Real strengthens as easing bets rise; Ibovespa slips on tech sell-off](https://feedsoft.ai/events/21251-real-strengthens-as-easing-bets-rise-ibovespa-slips-on-tech-sell-off.md) | +0.9% | -1.5% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/markets/news/2026/04/09/real-strengthens-despite-capital-outflows.ghtml

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