# Bolsonaro challenges Brazil election he lost to Lula

> Bolsonaro has filed a challenge to the Brazilian election he lost to Lula. The real closed 1.3% weaker against the dollar as the complaint added to existing concerns about Lula's spending plans.

- Date: 2022-11-22 · published 2022-11-22T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/38889-bolsonaro-challenges-brazil-election-he-lost-to-lula
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Political uncertainty pushing the real lower makes Brazilian grain and meal exports cheaper in dollar terms, which can weigh on world feed prices.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-10-31 | [Brazil's real down after Lula wins presidential election; Bolsonaro yet to concede](https://feedsoft.ai/events/39344-brazil-s-real-down-after-lula-wins-presidential-election-bolsonaro-yet-to.md) | -5.8% | -1.1% |
| USDBRL | 2018-07-16 | [Brazil: Post-strike pre-election blues](https://feedsoft.ai/events/64232-brazil-post-strike-pre-election-blues.md) | -2.2% | -0.3% |
| USDBRL | 2026-10-26 | [Euro falls against dollar; Brazilian real tumbles after Lula election win](https://feedsoft.ai/events/17282-euro-falls-against-dollar-brazilian-real-tumbles-after-lula-election-win.md) | +7.6% | — |
| USDBRL | 2018-06-06 | [Brazil currency skids as election woes add to pessimism](https://feedsoft.ai/events/5376-brazil-currency-skids-as-election-woes-add-to-pessimism.md) | -2.7% | +2.7% |
| USDBRL | 2019-03-28 | [Bolsonaro struggles to sell Brazil pension bill as markets tumble](https://feedsoft.ai/events/60305-bolsonaro-struggles-to-sell-brazil-pension-bill-as-markets-tumble.md) | -2.9% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/brazils-bolsonaro-files-complaint-challenge-election-results-2022-11-22/

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