# Latam FX falls as dollar rises, Brazil real lags peers for the week - Markets - Business Recorder

> Most Latin American currencies fell on the dollar's rebound, with Brazil's real down 1.2% and set for a weekly loss of 2%. Weak industrial confidence and worries over public finances and fiscal reform weighed on the currency.

- Date: 2021-01-22 · published 2021-01-22T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/49387-latam-fx-falls-as-dollar-rises-brazil-real-lags-peers-for-the-week-markets
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

The real's weekly slide makes Brazilian commodity exports cheaper in dollar terms, which can add pressure to soybean meal and corn offers. Continued fiscal concern could keep the currency volatile.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-02-09 | [Brazil's real leads Latam FX losses on fiscal concerns - Markets - Business Recorder](https://feedsoft.ai/events/48852-brazil-s-real-leads-latam-fx-losses-on-fiscal-concerns-markets-business-recorder.md) | +1.2% | +9.3% |
| USDBRL | 2022-11-10 | [EMERGING MARKETS-Brazil's real sinks 4%, other FX rally on dollar weakness](https://feedsoft.ai/events/38888-emerging-markets-brazil-s-real-sinks-4-other-fx-rally-on-dollar-weakness.md) | +6.0% | +1.7% |
| USDBRL | 2020-06-25 | [Latam stocks fall on virus woes; Mexican peso weak before rate move - Markets - Business Recorder](https://feedsoft.ai/events/52835-latam-stocks-fall-on-virus-woes-mexican-peso-weak-before-rate-move-markets.md) | +0.9% | -3.0% |
| USDBRL | 2021-03-03 | [Brazil real slumps to three-month low as central bank intervenes selling $2bn - Markets - Business Recorder](https://feedsoft.ai/events/12205-brazil-real-slumps-to-three-month-low-as-central-bank-intervenes-selling-2bn.md) | +1.7% | +0.6% |
| USDBRL | 2021-03-22 | [Turkey shock waves hit Latam markets, Mexican peso slides 1pc - Markets - Business Recorder](https://feedsoft.ai/events/48326-turkey-shock-waves-hit-latam-markets-mexican-peso-slides-1pc-markets-business.md) | +4.4% | +2.5% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40054870

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