# Dollar today: FX stressed by fiscal concerns and awaiting Selic

> The Brazilian real closed at R$5.4863 per dollar after fiscal worries tied to the new Lula government. Focus survey projections for the year-end Selic rose from 13.25% to 13.50%, and the 2027 forecast rose from 11.75% to 12.50%. The Central Bank rate decision is due after the market closes today.

- Date: 2026-11-04 · published 2026-11-04T12:08:17.639Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/79612-dollar-today-fx-stressed-by-fiscal-concerns-and-awaiting-selic
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real and higher expected interest rates raise the cost of imported inputs for Brazilian feed producers and can shift Brazilian export competitiveness for soy and corn.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-11-28 | [BRL: Real hits four year low on fiscal concerns – ING — Elev8](https://feedsoft.ai/events/27616-brl-real-hits-four-year-low-on-fiscal-concerns-ing-elev8.md) | +1.7% | +5.6% |
| USDBRL | 2021-02-09 | [Brazil's real leads Latam FX losses on fiscal concerns - Markets - Business Recorder](https://feedsoft.ai/events/48852-brazil-s-real-leads-latam-fx-losses-on-fiscal-concerns-markets-business-recorder.md) | +1.2% | +9.3% |
| USDBRL | 2021-10-19 | [Brazil's real slumps on fiscal concerns, Petrobras slides](https://feedsoft.ai/events/44780-brazil-s-real-slumps-on-fiscal-concerns-petrobras-slides.md) | +1.4% | -0.4% |
| USDBRL | 2022-04-25 | [Brazilian real tumbles amid rallying dollar and local tensions](https://feedsoft.ai/events/6864-brazilian-real-tumbles-amid-rallying-dollar-and-local-tensions.md) | +3.5% | +2.0% |
| USDBRL | 2022-04-28 | [Brazil real hit by surging dollar, focus shifts to earnings \| Financial Post](https://feedsoft.ai/events/6865-brazil-real-hit-by-surging-dollar-focus-shifts-to-earnings-financial-post.md) | -0.2% | -3.1% |

## Sources

- br.investing.com: https://br.investing.com/analysis/dolar-hoje-cambio-estressado-com-o-fiscal-e-a-espera-da-selic-200480514

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