# Dollar surges on concerns over government's economic agenda

> The spot dollar rose sharply in early trading as investors reacted to a report that President Lula would meet economist André Lara Rezende, who proposes cutting the Selic to 7.5% over 12 months. The real was the worst performer among the liquid currencies tracked.

- Date: 2026-11-03 · published 2026-11-03T15:10:19.416Z
- Category: macro · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/77871-dollar-surges-on-concerns-over-government-s-economic-agenda
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Fiscal and monetary policy uncertainty is driving a weaker real, which raises Brazilian import costs for feed ingredients and adds to risk premia on local assets.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-08-05 | [Brazilian real depreciation stirs economic concerns](https://feedsoft.ai/events/11941-brazilian-real-depreciation-stirs-economic-concerns.md) | -3.9% | -2.0% |
| USDBRL | 2018-06-28 | [How a Rising U.S. Dollar Puts Argentina's and Brazil's Economies at Risk](https://feedsoft.ai/events/64805-how-a-rising-u-s-dollar-puts-argentina-s-and-brazil-s-economies-at-risk.md) | +1.8% | -3.2% |
| USDBRL | 2024-05-14 | [Brazil sees second-largest dollar outflow ever](https://feedsoft.ai/events/30477-brazil-sees-second-largest-dollar-outflow-ever.md) | -1.2% | +3.7% |
| USDBRL | 2023-01-09 | [Brazil’s Real Weakens Following Attacks on Government Buildings](https://feedsoft.ai/events/37982-brazil-s-real-weakens-following-attacks-on-government-buildings.md) | -3.0% | -1.0% |
| USDBRL | 2018-08-22 | [Dollar enters sixth day on upward streak - ANBA News Agency](https://feedsoft.ai/events/12513-dollar-enters-sixth-day-on-upward-streak-anba-news-agency.md) | +3.3% | +3.0% |

## Sources

- br.investing.com: https://br.investing.com/news/forex-news/dolar-a-vista-fecha-em-alta-com-preocupacoes-sobre-agenda-economica-do-governo-2113704
- valor.globo.com: https://valor.globo.com/financas/noticia/2026/11/03/dolar-tem-forte-alta-com-temor-sobre-agenda-economica-do-governo.ghtml

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