# Latam FX mixed; Brazil's real rebounds after bruising sell-off

> Latin American currencies were mixed on Friday as China eased COVID curbs and the dollar fell after soft U.S. inflation data. Brazil's real gained 1.2%, recovering from a sharp sell-off the previous day tied to investor doubts over president-elect Lula's fiscal plans.

- Date: 2022-11-11 · published 2022-11-11T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/38884-latam-fx-mixed-brazil-s-real-rebounds-after-bruising-sell-off
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real makes Brazilian soybeans and corn cheaper in dollar terms, supporting Brazilian export competitiveness, though the move is mainly a currency story with limited direct impact on feed prices.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-12-30 | [Brazilian Real Rebounds After Labor Data](https://feedsoft.ai/events/21715-brazilian-real-rebounds-after-labor-data.md) | -3.7% | -6.6% |
| USDBRL | 2021-05-27 | [Brazil real up; Most Latam FX pressured by rising U.S. bond yields \| Financial Post](https://feedsoft.ai/events/47312-brazil-real-up-most-latam-fx-pressured-by-rising-u-s-bond-yields-financial-post.md) | -4.3% | -7.3% |
| USDBRL | 2025-05-23 | [Brazilian Real Rebounds After Tax Policy Reversal — TradingView News](https://feedsoft.ai/events/24893-brazilian-real-rebounds-after-tax-policy-reversal-tradingview-news.md) | +1.7% | -1.9% |
| USDBRL | 2021-05-27 | [Brazilian real leads gains among Latam FX \| Financial Post](https://feedsoft.ai/events/47313-brazilian-real-leads-gains-among-latam-fx-financial-post.md) | -4.3% | -7.3% |
| USDBRL | 2021-01-20 | [Brazil's real rises ahead of c.bank meeting, rest of Latam trails - Markets - Business Recorder](https://feedsoft.ai/events/49388-brazil-s-real-rises-ahead-of-c-bank-meeting-rest-of-latam-trails-markets.md) | +1.5% | +2.0% |

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-latam/emerging-markets-latam-fx-mixed-brazils-real-rebounds-after-bruising-sell-off-idINL1N3271WY/

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