# Top Forecaster Sees Brazil Currency Uproar Tamed by Temer Legacy - Bloomberg

> A top forecaster expects Brazil's currency turmoil to be contained, citing the legacy of reform-minded President Michel Temer. The real posted the largest return among global currencies last year, and Temer faced a political scandal last month that could lead to his ouster.

- Date: 2017-06-06 · published 2017-06-06T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/70710-top-forecaster-sees-brazil-currency-uproar-tamed-by-temer-legacy-bloomberg
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Political risk and a weak real raise the cost of Brazilian-origin feed ingredients priced in dollars, while a stronger real would make Brazilian exports cheaper for buyers in dollar terms.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-06-04 | [Brazil currency seen flat in near-term, restrained by trade worries: Reuters poll](https://feedsoft.ai/events/24426-brazil-currency-seen-flat-in-near-term-restrained-by-trade-worries-reuters-poll.md) | -1.4% | -3.8% |
| USDBRL | 2025-03-21 | [Brazil's tax dividend fear helped currency drop, reflects in rebound, says Campos Neto](https://feedsoft.ai/events/25804-brazil-s-tax-dividend-fear-helped-currency-drop-reflects-in-rebound-says-campos.md) | +1.1% | +2.8% |
| USDBRL | 2023-08-30 | [EMERGING MARKETS-Latin American currencies up on weaker dollar; Brazil's real lags on rate-cut speculation](https://feedsoft.ai/events/34788-emerging-markets-latin-american-currencies-up-on-weaker-dollar-brazil-s-real.md) | +2.3% | +4.1% |
| USDBRL | 2019-12-02 | [Brazil's cenbank head says real is floating currency after Trump criticism](https://feedsoft.ai/events/55775-brazil-s-cenbank-head-says-real-is-floating-currency-after-trump-criticism.md) | -1.2% | -5.0% |
| USDBRL | 2024-01-31 | [User \| chroniclejournal.com - USD/BRL forecast as the Fed and Brazil Central Bank diverge](https://feedsoft.ai/events/32326-user-chroniclejournal-com-usd-brl-forecast-as-the-fed-and-brazil-central-bank.md) | -0.2% | -0.2% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-06-06/brazil-s-currency-roller-coaster-no-nightmare-to-top-forecaster

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