# Foreign investors cut bets against the real by $19.3bn

> Foreign investors cut their net long dollar positions against the Brazilian real by $19.3 billion in derivatives markets since mid-December 2024. The reduction followed central bank intervention, a softer Trump tariff stance, and expectations of higher Selic rates.

- Date: 2025-01-29 · published 2025-01-29T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/26710-foreign-investors-cut-bets-against-the-real-by-19-3bn
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Reduced bets on a stronger dollar have helped the real recover, which lowers the cost of Brazilian grain and meal exports in dollars and can ease pressure on world soy and corn prices.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-01-23 | [Foreign investors pare bets against Brazilian real](https://feedsoft.ai/events/43351-foreign-investors-pare-bets-against-brazilian-real.md) | -0.5% | -5.5% |
| USDBRL | 2024-09-18 | [Dollar falls for the 6th session against the real after larger interest rate cut by the Fed \| Brasil 247](https://feedsoft.ai/events/12466-dollar-falls-for-the-6th-session-against-the-real-after-larger-interest-rate.md) | -0.6% | +2.9% |
| USDBRL | 2022-03-24 | [Brazil’s Real and Stocks Are World’s Best as Foreigners Pile In](https://feedsoft.ai/events/12658-brazil-s-real-and-stocks-are-world-s-best-as-foreigners-pile-in.md) | -1.6% | -4.8% |
| USDBRL | 2023-04-24 | [Brazil woos sceptical foreign investors with new fiscal plan \| Reuters](https://feedsoft.ai/events/36625-brazil-woos-sceptical-foreign-investors-with-new-fiscal-plan-reuters.md) | -0.9% | -1.3% |
| USDBRL | 2021-07-23 | [Brazil's real gains on rate-hike bets, but loses for the week \| Financial Post](https://feedsoft.ai/events/46261-brazil-s-real-gains-on-rate-hike-bets-but-loses-for-the-week-financial-post.md) | -3.0% | +3.8% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/markets/news/2025/01/29/foreign-investors-cut-bets-against-the-real-by-193bn.ghtml

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