# Brazil says not worried about strong dollar as rate cuts intensify

> Brazil's finance minister and central bank governor said at Davos that the country is not concerned about a strong dollar, citing economic recovery and higher commodity prices. The central bank said it has entered a new phase of 75-basis-point rate cuts per meeting, subject to revision.

- Date: 2017-01-18 · published 2017-01-18T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/73177-brazil-says-not-worried-about-strong-dollar-as-rate-cuts-intensify
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Rate cuts tend to weaken the real, and strong commodity prices support Brazil's export earnings, shaping the currency outlook for Brazilian exporters of soy and corn. Lower Brazilian rates and a weaker real would favor Brazilian export competitiveness.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-09-26 | [Brazil inflation accelerates as cenbank reiterates rate cut pace](https://feedsoft.ai/events/34321-brazil-inflation-accelerates-as-cenbank-reiterates-rate-cut-pace.md) | +2.3% | +0.7% |
| 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 | 2021-12-08 | [Brazil central bank makes 150 bps interest rate hike, signals another](https://feedsoft.ai/events/43827-brazil-central-bank-makes-150-bps-interest-rate-hike-signals-another.md) | +0.7% | +1.3% |

## Sources

- reuters.com: https://www.reuters.com/article/davos-meeting-brazil-idUSL1N1F80O6/?feedName=usDollarRpt&feedType=RSS

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