# For These Die-Hard Investors, Now Is the Time to Buy Brazil - Bloomberg

> Brazilian markets sold off sharply after reports that President Temer approved hush-money payments to a jailed former lawmaker. The selloff hit the real and the Ibovespa, and some investors are now arguing the drop is an entry point.

- Date: 2017-05-19 · published 2017-05-19T12:00:00.000Z
- Category: policy · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/4357-for-these-die-hard-investors-now-is-the-time-to-buy-brazil-bloomberg
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Political risk threatens the economic reform agenda and the currency, which can shift Brazil's export pricing for soybeans, corn and meal.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-11-28 | [(USD BRL) Brazil’s Real Drops to All-Time Low as Spending Cuts Fall Flat - Bloomberg](https://feedsoft.ai/events/12461-usd-brl-brazil-s-real-drops-to-all-time-low-as-spending-cuts-fall-flat-bloomberg.md) | +1.7% | +5.6% |
| USDBRL | 2025-05-22 | [(BRL/USD) Real Sells Off as Brazil Taxes Remittances to Boost Budget - Bloomberg](https://feedsoft.ai/events/24891-brl-usd-real-sells-off-as-brazil-taxes-remittances-to-boost-budget-bloomberg.md) | -0.2% | -2.7% |
| USDBRL | 2021-03-02 | [Brazilian stocks, currency fall as tax hikes spook investors - Markets - Business Recorder](https://feedsoft.ai/events/12206-brazilian-stocks-currency-fall-as-tax-hikes-spook-investors-markets-business.md) | +2.9% | +3.7% |
| USDBRL | 2023-06-29 | [Brazil government sets new 2026 inflation target, tweaks fulfillment time frame By Reuters](https://feedsoft.ai/events/35695-brazil-government-sets-new-2026-inflation-target-tweaks-fulfillment-time-frame.md) | +1.7% | -2.6% |
| USDBRL | 2021-07-07 | [Brazilian Real Stalls on Plans for Dividend Tax Hike, Finds Support on Data](https://feedsoft.ai/events/9911-brazilian-real-stalls-on-plans-for-dividend-tax-hike-finds-support-on-data.md) | -0.5% | +1.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-05-19/for-these-die-hard-investors-now-is-the-time-to-buy-brazil

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