# Banks start forecasting stronger Brazilian real

> Brazilian and foreign banks have raised their year-end forecasts for the real, now around R$5.82 to 5.90 per dollar, as the dollar weakens and Brazil's interest rate spread stays wide. The dollar is down about 8.5% against the real so far in 2025.

- Date: 2025-05-20 · published 2025-05-20T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/24895-banks-start-forecasting-stronger-brazilian-real
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger expected real lowers the local cost of imported feed ingredients and makes Brazilian dollar-priced exports less competitive. The change reflects currency sentiment rather than a physical supply shift.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-11-16 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/33375-strong-dollar-inflows-support-brazilian-real.md) | +0.6% | +0.8% |
| USDBRL | 2023-04-11 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/36624-strong-dollar-inflows-support-brazilian-real.md) | -2.7% | -1.8% |
| USDBRL | 2026-02-23 | [Brazilian Real Hits Strongest Since May 2024](https://feedsoft.ai/events/20791-brazilian-real-hits-strongest-since-may-2024.md) | -0.9% | +2.0% |
| 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% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/markets/news/2025/05/20/banks-start-forecasting-stronger-brazilian-real.ghtml

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