# Market reacts to fiscal adjustment text in Congress and earnings; Ibovespa and dollar rise Friday (13)

> The Brazilian Senate plenary approved the base text of a fiscal adjustment bill, which includes extra spending controls and a lower cap on spending growth. The minister said the measures would have an impact of R$50-60 billion in 2027. Investors were also digesting corporate earnings, and the dollar opened higher against the real.

- Date: 2026-11-13 · published 2026-11-13T12:11:43.526Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/97699-market-reacts-to-fiscal-adjustment-text-in-congress-and-earnings-ibovespa-and
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Fiscal uncertainty weighs on the real and can keep the dollar high against local currency, which affects the cost of imported inputs and dollar-priced feed exports from Brazil.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-11-19 | [Dollar rises in the Brazilian market following international movement \| Brasil 247](https://feedsoft.ai/events/22163-dollar-rises-in-the-brazilian-market-following-international-movement-brasil-247.md) | +1.3% | +3.8% |
| USDBRL | 2020-03-19 | [A global rush into the US dollar is driving extreme market moves and a temporary shortage](https://feedsoft.ai/events/6274-a-global-rush-into-the-us-dollar-is-driving-extreme-market-moves-and-a.md) | -1.1% | +2.8% |
| USDBRL | 2022-04-28 | [Global shares rise as earnings boost, U.S. dollar hits 20-year high](https://feedsoft.ai/events/42072-global-shares-rise-as-earnings-boost-u-s-dollar-hits-20-year-high.md) | -0.2% | -3.1% |
| USDBRL | 2022-04-28 | [Brazil real hit by surging dollar, focus shifts to earnings \| Financial Post](https://feedsoft.ai/events/6865-brazil-real-hit-by-surging-dollar-focus-shifts-to-earnings-financial-post.md) | -0.2% | -3.1% |
| USDBRL | 2020-01-19 | [The Charts: China Allows CNY to Rise Against the Dollar as the Greenback Advances Against Almost Everyone Else - Marc to Market  Marc Chandler on Global FX and Capital Markets](https://feedsoft.ai/events/7877-the-charts-china-allows-cny-to-rise-against-the-dollar-as-the-greenback.md) | +1.0% | +3.9% |

## Sources

- moneytimes.com.br: https://www.moneytimes.com.br/mercado-reage-a-texto-do-ajuste-fiscal-no-congresso-e-balancos-ibovespa-em-dolar-sobe-nesta-sexta-feira-13-rens/

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