# Brazil real breaks through 5.00 per dollar for first time since March, up 7% this week

> Brazil's real surged 3% on Friday through the 5.00 per dollar level for the first time since late March. The move extended a rally that followed stronger-than-expected US employment data. The currency was on track for a large weekly gain.

- Date: 2020-06-05 · published 2020-06-05T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/7615-brazil-real-breaks-through-5-00-per-dollar-for-first-time-since-march-up-7-this
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger real lowers the local-currency cost of dollar-priced imports such as feed ingredients and fertilizer for Brazilian buyers. It may also trim the competitiveness advantage of Brazilian soy and corn exports.

## Read by commodity

- USDBRL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDBRL | 2020-06-08 | 5 | -9.1% | -4.2 | The real broke through 5.00 per dollar on June 5 and gained about 7% on the week, which directly accounts for most of the 5-day BRL/USD decline (real appreciation) ending June 8. |

## Sources

- reuters.com: https://www.reuters.com/article/brazil-forex/brazil-real-breaks-through-5-00-per-dollar-for-first-time-since-march-up-7-this-week-idUSS0N2CM05C/

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