# Brazil's real up ahead of fiscal policy discussion, Chile's c.bank decision eyed | Financial Post

> Latin American currencies were mixed on Dec 6, with the Brazilian real up slightly ahead of a Senate debate on a fiscal easing bill. Chile's peso rose ahead of its central bank decision, and Mexico's peso slipped with crude prices.

- Date: 2022-12-06 · published 2022-12-06T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/38432-brazil-s-real-up-ahead-of-fiscal-policy-discussion-chile-s-c-bank-decision-eyed
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Routine currency moves with limited direct effect on feed commodity prices; the fiscal bill could affect Brazil's future exchange rate and export competitiveness.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-04-27 | [Brazilian real, Chilean peso steady against raging dollar \| Financial Post](https://feedsoft.ai/events/6862-brazilian-real-chilean-peso-steady-against-raging-dollar-financial-post.md) | +0.3% | -3.2% |
| USDBRL | 2021-03-30 | [Brazil's real steady after ministerial reshuffle, jobs data \| Financial Post](https://feedsoft.ai/events/48305-brazil-s-real-steady-after-ministerial-reshuffle-jobs-data-financial-post.md) | -2.1% | -5.7% |
| USDBRL | 2020-06-12 | [Mexico's peso up strongly after brutal selloff; Brazil's real down \| Financial Post](https://feedsoft.ai/events/52838-mexico-s-peso-up-strongly-after-brutal-selloff-brazil-s-real-down-financial-post.md) | +7.6% | +7.2% |
| USDBRL | 2021-07-01 | [Latam FX fall on virus worries; Brazil's real down 1% \| Financial Post](https://feedsoft.ai/events/46264-latam-fx-fall-on-virus-worries-brazil-s-real-down-1-financial-post.md) | +4.5% | +0.8% |
| USDBRL | 2020-09-04 | [Brazil's real slips against firmer dollar, Wall St slide hits Latam stocks \| Financial Post](https://feedsoft.ai/events/51311-brazil-s-real-slips-against-firmer-dollar-wall-st-slide-hits-latam-stocks.md) | -0.1% | +7.1% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/brazils-real-up-ahead-of-fiscal-policy-discussion-chiles-c-bank-decision-eyed

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