# Brazil’s Real Has Room to Run as Investors Look Past Election - Bloomberg

> Brazil's high interest rates and favorable economic outlook are supporting the real as investors look past the presidential election. Goldman Sachs recommended clients buy Brazilian assets, expecting the real to outperform Latin American peers.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/39343-brazil-s-real-has-room-to-run-as-investors-look-past-election-bloomberg
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A firmer real can slow Brazilian farm export competitiveness at the margin, but the effect on feed prices is small. This is routine currency commentary.

## Read by commodity

- USDBRL: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-10-31/brazil-s-real-has-room-to-run-as-investors-look-past-election

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