
The dollar closed at R$5.6518 the previous day after rising 1.62% on negative reaction to the fiscal package. The Ibovespa fell 0.43%.
The Senate approved the package's main text 45-31 and the government estimates savings of up to R$60 billion in 2027.
A weaker real raises the cost of imported inputs for Brazilian feed producers, while it supports the competitiveness of Brazilian soy and corn exports.
After 92 past neutral macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +0.4% 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.