◂ Event Timeline

Dec 2, 2019MACROBrazil

Brazil's cenbank head says real is floating currency after Trump criticism

Brazil's central bank governor Roberto Campos Neto said on Monday that the currency is floating and the bank will intervene only when needed. He attributed the recent real weakness to investor frustration over oil auction results.

WHY IT MATTERS

Central bank intervention limits determine how far the real can move, which affects Brazilian feed ingredient export pricing and import costs for buyers.

AFFECTSBrazilian Real (BRL per USD)◆

SOURCE
reuters.comDec 2, 2019

Price reaction & history

Brazilian Real (BRL per USD)◆neutralSO FAR1d -0.2%5d -1.2%20d -5.0%

After 92 past neutral macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +0.4% over 20.

Jul 10, 2025Brazil stocks slip, real rebounds after Trump's 50% tariff threat+2.0%
Feb 3, 2025Trump's tariffs raise fears Brazil's central bank is out of step on inflation-0.9%
Mar 21, 2025Brazil's tax dividend fear helped currency drop, reflects in rebound, says Campos Neto+1.1%
Mar 19, 2026Brazilian Real Steady After Copom+0.3%
Sep 26, 2023EMERGING MARKETS-Brazil's real steady after inflation data, Hungary trims interest rates+2.3%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Brazilian Real (BRL per USD) USDBRL · GP ▸

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