# Dollar rises and passes R$5.50 with Copom and fiscal uncertainty

> The dollar rose more than 1% above R$5.50 in the first session after the holiday, with an intraday high above R$5.51. The move reflected the start of the central bank's policy meeting and doubts over the economic team of Lula's re-elected government. Analysts were split between holding the Selic at 13.75% and cutting it by 0.25 point.

- Date: 2026-11-03 · published 2026-11-04T03:08:07.008Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/78999-dollar-rises-and-passes-r-5-50-with-copom-and-fiscal-uncertainty
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Currency pressure from political transition and rate uncertainty raises the cost of dollar-linked feed imports for Brazil and affects the reais value of Brazilian exports. The Copom decision will set the direction of the real and domestic credit costs.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-08-15 | [Dollar Rises Against Emerging-Market Currencies  - WSJ](https://feedsoft.ai/events/12515-dollar-rises-against-emerging-market-currencies-wsj.md) | +2.8% | +6.5% |
| USDBRL | 2016-11-16 | [Dollar bulls have room to run on Trump win, euro could reach parity with dollar](https://feedsoft.ai/events/9133-dollar-bulls-have-room-to-run-on-trump-win-euro-could-reach-parity-with-dollar.md) | -2.6% | -3.3% |
| USDBRL | 2024-08-30 | [Political headwinds continue to drive LatAm FX uncertainty - Euromoney](https://feedsoft.ai/events/29019-political-headwinds-continue-to-drive-latam-fx-uncertainty-euromoney.md) | -0.8% | -3.6% |
| USDBRL | 2018-05-15 | [Brazil's real continues its slump amid election uncertainty \| AP News](https://feedsoft.ai/events/65228-brazil-s-real-continues-its-slump-amid-election-uncertainty-ap-news.md) | +2.4% | +1.5% |
| 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% |

## Sources

- jusconsulta.com.br: https://www.jusconsulta.com.br/noticias/dolar-supera-r-550-com-copom-em-reuniao-e-duvidas-fiscais

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