
The dollar rose 1.62% to R$5.6518, its highest level since June 2025, while the Ibovespa fell 0.43%. Investors viewed the government's fiscal package as insufficient to restore fiscal credibility, and higher expected US interest rates added pressure.
A weaker real raises the cost of imported feed inputs in Brazil and can encourage exporters to sell more soybeans, corn and meal, which weighs on global supply prices.
After 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.
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.