# Ibovespa and dollar defy market logic and rise on the week; here's why

> The dollar rose 2.7% against the real over the week to R$5.65, its highest since June 2, 2025, while the Ibovespa also gained about 2%. Disappointment over the fiscal package approved by the Senate, which goes to the Chamber of Deputies on Tuesday, and expectations of further Federal Reserve rate hikes drove the currency higher.

- Date: 2026-11-13 · published 2026-11-14T00:10:40.340Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/98587-ibovespa-and-dollar-defy-market-logic-and-rise-on-the-week-here-s-why
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Currency weakness in Brazil increases the cost of imported feed inputs priced in dollars and improves the competitiveness of Brazilian grain and meal exports, which can support export prices in reais.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-09-23 | [Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US \| Brasil 247](https://feedsoft.ai/events/28517-dollar-rises-more-than-1-at-the-start-of-a-week-marked-by-inflation-data-in.md) | -1.1% | +3.9% |
| USDBRL | 2018-08-23 | [Here’s how Jackson Hole could impact the dollar, bonds and emerging markets - MarketWatch](https://feedsoft.ai/events/63695-here-s-how-jackson-hole-could-impact-the-dollar-bonds-and-emerging-markets.md) | +1.2% | +0.2% |
| USDBRL | 2021-01-22 | [Latam FX falls as dollar rises, Brazil real lags peers for the week - Markets - Business Recorder](https://feedsoft.ai/events/49387-latam-fx-falls-as-dollar-rises-brazil-real-lags-peers-for-the-week-markets.md) | +0.4% | +0.3% |
| USDBRL | 2017-09-08 | [Who owns all the grain? — This week in the grain market - RealAgriculture](https://feedsoft.ai/events/69006-who-owns-all-the-grain-this-week-in-the-grain-market-realagriculture.md) | +1.0% | +1.2% |
| 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% |

## Sources

- valorinveste.globo.com: https://valorinveste.globo.com/mercados/renda-variavel/bolsas-e-indices/noticia/2026/11/13/ibovespa-e-dolar-contrariam-a-logica-do-mercado-e-sobem-na-semana-entenda.ghtml

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