# Emerging-markets currencies stay strong despite dollar’s rise

> Emerging-market currencies, including the Brazilian real, Chilean peso and South African rand, have held up against a dollar near multi-decade highs, as investors favor currencies benefiting from higher commodity prices and trade disruptions. The real has appreciated 13% against the dollar year to date.

- Date: 2022-05-26 · published 2022-05-26T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/41608-emerging-markets-currencies-stay-strong-despite-dollar-s-rise
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong commodity-linked currencies such as the real support Brazilian export pricing and signal firm demand for commodity exporters, reinforcing elevated prices for soybeans and other feed inputs.

## Read by commodity

- SOY: bullish ▲
- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-03-20 | [EMERGING MARKETS-Latam currencies rise against soft dollar \| Kitco News](https://feedsoft.ai/events/37068-emerging-markets-latam-currencies-rise-against-soft-dollar-kitco-news.md) | -0.6% | -6.5% |
| USDBRL | 2023-11-08 | [Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll](https://feedsoft.ai/events/33378-emerging-market-currencies-to-claw-back-ground-in-2024-as-dollar-fades-reuters.md) | -0.2% | +0.7% |
| USDBRL | 2017-11-06 | [U.S. Dollar Slides Against Emerging Markets on Low Yields - WSJ](https://feedsoft.ai/events/68183-u-s-dollar-slides-against-emerging-markets-on-low-yields-wsj.md) | -0.4% | -2.2% |
| USDBRL | 2018-09-06 | [Emerging market currencies due a bounce after crazy August: Reuters poll](https://feedsoft.ai/events/63262-emerging-market-currencies-due-a-bounce-after-crazy-august-reuters-poll.md) | -0.5% | -6.7% |
| USDBRL | 2025-06-30 | [Brazilian markets boosted by weak dollar despite drag from fiscal risk](https://feedsoft.ai/events/24421-brazilian-markets-boosted-by-weak-dollar-despite-drag-from-fiscal-risk.md) | -0.3% | +2.1% |
| SOY | 2019-12-30 | [Rand strengthens, easing Sino-US tensions aid emerging currencies - Moneyweb](https://feedsoft.ai/events/55834-rand-strengthens-easing-sino-us-tensions-aid-emerging-currencies-moneyweb.md) | +0.3% | -3.7% |
| SOY | 2020-10-22 | [Goldman Sachs: Commodities bull market ahead on dollar, inflation risk](https://feedsoft.ai/events/50555-goldman-sachs-commodities-bull-market-ahead-on-dollar-inflation-risk.md) | -1.4% | +9.7% |
| SOY | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +4.5% | +5.0% |

## Sources

- livemint.com: https://www.livemint.com/market/stock-market-news/emergingmarkets-currencies-stay-strong-despite-dollar-s-rise-11653400524006.html

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