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The Brazilian real closed Monday at BRL 3.73 per US dollar, a 0.33% rise for the dollar, after falling 1.48% the previous week. The Bovespa stock index rose 0.51% to 80,275 points.
A weaker real makes Brazilian soybean, corn and meal exports cheaper in dollar terms, which can support Brazilian export competitiveness and weigh modestly on US prices for competing origins.
anba.com.brAgência BrasilJul 30, 2018After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.
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.
