Loading…
The Brazilian real fell 9.15% after Lula da Silva won the presidential election, while the Argentine peso depreciated only about 1.5% over the same period. The central bank and Treasury intervened to contain the peso's movement.
Analysts expect this gap to be unsustainable, while the government disagrees.
A weaker real makes Brazilian soybeans, corn and meal cheaper for export buyers, which pressures world prices. Argentina's peso policy also affects the competitiveness of its soy and corn exports.
tn.com.arMelina ManfrediNov 5, 2026After 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.
Not enough comparable past events yet for a historical read.
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.
