
The Brazilian real, the worst-performing floating EM currency in 2020, has recovered about 10% against the dollar over the last two weeks, returning to 5.3 per dollar from above 5.9. The article notes that the Covid-19 epidemic is accelerating sharply in Brazil and that capital flight and falling oil prices have weighed on the currency.
Dollar weakness and some EM recovery have supported the real's rebound.
The epidemic's spread weighs on Brazilian growth and feed demand, but the stronger real raises the local cost of Brazilian exports, which can marginally support global feed ingredient prices.
과거 하락 모든 종류 이벤트 244건 이후, 브라질 헤알 (USD당 BRL)은 5거래일 동안 중앙값 -0.4% 변동(상승 43%; 중간 50% 범위 -1.7%~+0.9%), 20거래일 동안 +0.1%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
Describes the real's roughly 10% rebound from above 5.9 to about 5.3 per dollar over two weeks, which matches the -7.5% USD/BRL move, attributing it to dollar weakness and an EM recovery; it is dated after the window but describes the same move.