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Brazil's Economy Minister Paulo Guedes said the real is at a more favorable level and is likely to strengthen much further. The currency hit a one-year high of 4.9386 per dollar on Wednesday, June 23.
A stronger real makes Brazilian exports such as soybeans, corn and meal more expensive in dollar terms, which can weigh on Brazilian sales and support US competitiveness. Currency moves are a secondary driver for feed prices here.
reuters.comJamie McGeever23 Jun 2021Setelah 213 peristiwa makro bearish sebelumnya, Real Brasil (BRL per USD) bergerak median -0,2% selama 5 sesi (46% lebih tinggi; separuh tengah -1,5% sampai +0,9%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
