# Dollar slides after four-day run - ANBA News Agency

> The US dollar fell 0.56% to BRL 3.422 on Wednesday, ending a four-day rally that followed Donald Trump's US election win. The Central Bank held two dollar auctions on the futures market to curb the rise, and the Ibovespa index gained 1.85%.

- Date: 2016-11-16 · published 2016-11-16T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/9712-dollar-slides-after-four-day-run-anba-news-agency
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Central Bank intervention limits short-term currency swings, which modestly eases the local-currency cost of dollar-priced feed ingredient imports into Brazil.

## Read by commodity

- USDBRL: bearish ▼

## Sources

- anba.com.br: https://anba.com.br/en/dollar-slides-after-four-day-run/

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