# Dollar Rises Against Real as Politics Takes Center Stage After Central Bank Holds Rates

> The dollar turned higher against the Brazilian real on Thursday, with investors watching political news after the central bank kept the Selic rate at 13.75% the previous day. President Lula convened economic advisers and plans a televised address on Sunday to reaffirm fiscal discipline without details.

- Date: 2026-11-05 · published 2026-11-05T18:08:27.776Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/82096-dollar-rises-against-real-as-politics-takes-center-stage-after-central-bank
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Fiscal uncertainty and a higher-for-longer rate stance keep the real under pressure, which raises the cost of imported feed ingredients priced in dollars for Brazilian buyers.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2026-06-02 | [Brazilian Real: Politics drive correction against US Dollar – Commerzbank](https://feedsoft.ai/events/12077-brazilian-real-politics-drive-correction-against-us-dollar-commerzbank.md) | +2.7% | +2.7% |
| USDBRL | 2017-05-18 | [Dollar Rebounds, Brazilian Real Plunges as Politics Dominates - WSJ](https://feedsoft.ai/events/4356-dollar-rebounds-brazilian-real-plunges-as-politics-dominates-wsj.md) | +5.6% | +5.6% |
| USDBRL | 2023-05-24 | [Lula’s Feud with Brazil’s Central Bank Raises Rates Dilemma to Global Stage](https://feedsoft.ai/events/36147-lula-s-feud-with-brazil-s-central-bank-raises-rates-dilemma-to-global-stage.md) | +3.1% | -3.6% |
| USDBRL | 2025-10-30 | [Dollar rises against the real, still influenced by Fed decision \| Brasil 247](https://feedsoft.ai/events/22619-dollar-rises-against-the-real-still-influenced-by-fed-decision-brasil-247.md) | +0.2% | -0.1% |
| USDBRL | 2024-11-29 | [What is happening to BRL as the Brazilian Real collapses against the US Dollar](https://feedsoft.ai/events/27617-what-is-happening-to-brl-as-the-brazilian-real-collapses-against-the-us-dollar.md) | +1.7% | +5.6% |

## Sources

- economia.uol.com.br: https://economia.uol.com.br/noticias/reuters/2026/11/05/dolar-passa-a-subir-ante-real-com-politica-no-radar-apos-copom-manter-juros.htm

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