# Brazilian currency strengthens below 4 to the dollar: first time in five weeks — MercoPress

> The Brazilian real closed at 3.99 per US dollar, its first close below 4 in five weeks and a rebound from a record low of nearly 4.2 two weeks earlier. The currency has still lost about 17% since the start of the year. The move followed signs of two clear presidential election frontrunners, while the Argentine peso fell after the IMF agreed a revised $57.1 billion program.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/63259-brazilian-currency-strengthens-below-4-to-the-dollar-first-time-in-five-weeks
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger real lowers the local cost of dollar-priced imports such as feed ingredients and fertilizer, and it can reduce Brazilian farmer export margins on soybeans, corn and meal. The effect on world feed prices is modest unless the currency keeps recovering.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-10-14 | [Why a top currency strategist decided now is the time to sell the dollar](https://feedsoft.ai/events/44746-why-a-top-currency-strategist-decided-now-is-the-time-to-sell-the-dollar.md) | -0.1% | -1.5% |
| USDBRL | 2018-08-31 | [Brazil contains the value of its currency with a US$ 1.5 billion support — MercoPress](https://feedsoft.ai/events/63749-brazil-contains-the-value-of-its-currency-with-a-us-1-5-billion-support.md) | -3.4% | -4.8% |
| USDBRL | 2025-09-18 | [Brazilian Real Strengthens to Over 1-Year High](https://feedsoft.ai/events/23089-brazilian-real-strengthens-to-over-1-year-high.md) | +0.2% | +2.4% |
| USDBRL | 2025-12-03 | [Brazilian Real Strengthens for 2nd Session](https://feedsoft.ai/events/8058-brazilian-real-strengthens-for-2nd-session.md) | +1.8% | +2.5% |
| USDBRL | 2026-09-25 | [Brazilian Real Strengthens Following Inflation Data — TradingView News](https://feedsoft.ai/events/17668-brazilian-real-strengthens-following-inflation-data-tradingview-news.md) | +0.7% | -3.0% |

## Sources

- en.mercopress.com: https://en.mercopress.com/2018/09/28/brazilian-currency-strengthens-below-4-to-the-dollar-first-time-in-five-weeks

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