# Brazil FX dynamics improving, market more balanced -central bank director | Financial Post

> Brazil's central bank monetary policy director Bruno Serra said the currency's dynamics are improving and the FX market is more balanced. He noted a $9 billion FX inflow in the first quarter, the highest since 2012, and said the bank's earlier interventions had helped.

- Date: 2021-04-08 · published 2021-04-08T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/47796-brazil-fx-dynamics-improving-market-more-balanced-central-bank-director
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A more stable real reduces the risk of sharp currency swings that can distort Brazilian soy and corn export pricing and farmer selling decisions.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-09-26 | [Brazil makes first FX intervention of the year - Central Banking](https://feedsoft.ai/events/39790-brazil-makes-first-fx-intervention-of-the-year-central-banking.md) | +3.1% | +0.8% |
| USDBRL | 2022-12-06 | [Brazil's real up ahead of fiscal policy discussion, Chile's c.bank decision eyed \| Financial Post](https://feedsoft.ai/events/38432-brazil-s-real-up-ahead-of-fiscal-policy-discussion-chile-s-c-bank-decision-eyed.md) | +1.4% | +3.5% |
| USDBRL | 2021-03-12 | [FX Daily: Brazilian central bank’s line in the sand \| ING THINK](https://feedsoft.ai/events/48310-fx-daily-brazilian-central-bank-s-line-in-the-sand-ing-think.md) | -0.3% | +0.4% |
| USDBRL | 2024-09-05 | [Brazil's central bank sees stronger growth, higher FX since latest policy meeting \| Reuters](https://feedsoft.ai/events/28519-brazil-s-central-bank-sees-stronger-growth-higher-fx-since-latest-policy.md) | +0.1% | -3.6% |
| USDBRL | 2020-06-09 | [Brazil central bank watching FX, commodities impact on inflation \| 1330 & 101.5 WHBL](https://feedsoft.ai/events/52815-brazil-central-bank-watching-fx-commodities-impact-on-inflation-1330-and-101-5.md) | +6.6% | +9.7% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/brazil-fx-dynamics-improving-market-more-balanced-central-bank-director-2

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