# Ibovespa plunges 13.88% in first post-election session and dollar surges 8.21%

> Brazil's Ibovespa fell 13.88% in the first trading session after Luiz Inácio Lula da Silva's reelection, triggering a circuit breaker. The article reports sharply divergent dollar-change figures, while noting that export-oriented stocks were among the few gainers and future interest rates rose.

- Date: 2026-11-07 · published 2026-11-08T06:08:35.240Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/87030-ibovespa-plunges-13-88-in-first-post-election-session-and-dollar-surges-8-21
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real can make Brazilian exports more competitive and imports, including feed ingredients, more expensive in local currency. The sharp market reaction may affect trade incentives, but the article reports no direct commodity price or flow change.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-12-23 | [Real slides on election fears, seasonal dollar outflows](https://feedsoft.ai/events/21717-real-slides-on-election-fears-seasonal-dollar-outflows.md) | -1.4% | -5.0% |
| USDBRL | 2018-06-29 | [Dollar gained 17% in first half - ANBA News Agency](https://feedsoft.ai/events/64738-dollar-gained-17-in-first-half-anba-news-agency.md) | +1.3% | -3.7% |
| USDBRL | 2022-09-13 | [Latam FX slump as hot U.S. inflation sends dollar soaring \| Financial Post](https://feedsoft.ai/events/39796-latam-fx-slump-as-hot-u-s-inflation-sends-dollar-soaring-financial-post.md) | +0.4% | +1.1% |
| USDBRL | 2018-06-14 | [Dollar sees sharpest spike in 13 months - ANBA News Agency](https://feedsoft.ai/events/64741-dollar-sees-sharpest-spike-in-13-months-anba-news-agency.md) | +0.6% | +3.7% |
| USDBRL | 2018-07-16 | [Brazil: Post-strike pre-election blues](https://feedsoft.ai/events/64232-brazil-post-strike-pre-election-blues.md) | -2.2% | -0.3% |

## Sources

- brapi.dev: https://brapi.dev/news/dolar-salta-8-21-e-ibovespa-recua-13-88-apos-vitoria-de-bb6442e8

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