# USD/BRL: BCB unable to support the Brazilian real - TDS - Forex Crunch

> TD Securities expects the Central Bank of Brazil to hold rates steady in the coming months and says it cannot do much to support the real at its upcoming meeting. USD/BRL was trading at 5.2745, down from 5.50 at the start of the month.

- Date: 2020-09-16 · published 2020-09-16T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/51309-usd-brl-bcb-unable-to-support-the-brazilian-real-tds-forex-crunch
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Expected policy stability and a weak real point to a sustained stronger-dollar cost for Brazilian buyers of imported feed inputs, while Brazilian export competitiveness for soy and corn stays supported.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-08-07 | [Outlook for the Brazilian Real and the real economy](https://feedsoft.ai/events/34792-outlook-for-the-brazilian-real-and-the-real-economy.md) | +0.8% | +1.8% |
| USDBRL | 2018-08-29 | [Brazil: Economy still vulnerable - ABN AMRO - Forex Crunch](https://feedsoft.ai/events/63750-brazil-economy-still-vulnerable-abn-amro-forex-crunch.md) | +0.8% | -2.0% |
| USDBRL | 2026-08-12 | [Brazilian Real: Politics weighs but carry supports – ING](https://feedsoft.ai/events/18110-brazilian-real-politics-weighs-but-carry-supports-ing.md) | +0.9% | -1.1% |
| USDBRL | 2018-12-24 | [Brazil: Slower GDP growth in Q4 - Rabobank - Forex Crunch](https://feedsoft.ai/events/61766-brazil-slower-gdp-growth-in-q4-rabobank-forex-crunch.md) | -1.8% | -2.9% |
| USDBRL | 2026-03-19 | [Brazilian Real Steady After Copom](https://feedsoft.ai/events/20384-brazilian-real-steady-after-copom.md) | +0.3% | -3.9% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2020/09/16/usd-brl-bcb-unable-to-support-the-brazilian-real-tds/

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