◂ Event Timeline

Nov 2, 2026MACROBrazil

Brazil's dollar PTAX rises 7.61% across election week as B3 closes for holiday

The central bank's dollar PTAX selling rate rose from R$5.0377 on October 23 to R$5.4212 on October 30, a 7.61% increase in reais per dollar. B3 was closed on November 2 for the All Souls holiday.

WHY IT MATTERS

A weaker real makes Brazilian soybeans and corn cheaper for foreign buyers, which can pressure global prices and shift export flows toward Brazil.

AFFECTSBrazilian Real (BRL per USD)▲

SOURCE
fxnews.aiFXNews News DeskNov 2, 2026

Price reaction & history

Brazilian Real (BRL per USD)▲bullish

After 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.

Jan 22, 2021Latam FX falls as dollar rises, Brazil real lags peers for the week - Markets - Business Recorder+0.4%
Oct 26, 2026Euro falls against dollar; Brazilian real tumbles after Lula election win+7.6%
Jun 6, 2018Brazil currency skids as election woes add to pessimism-2.7%
Sep 23, 2024Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US | Brasil 247-1.1%
Sep 1, 2026Election Angst Fuels Bruising Week in Brazil Markets-1.9%

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.

Brazilian Real (BRL per USD) USDBRL · GP ▸

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