💱US Dollar/Brazilian Real FX Spot Rate
USDBRL
▼ NegativeGeopoliticsrelevance
Election polls narrowing with challenger overtaking president, impacting BRL
Impact on assets 1
Others
Brazilian Real Gains as Polls Narrow
2▲0 ▼1Impact / 5
The Brazilian Real is strengthening against the US Dollar as election polls show challenger Flavio Bolsonaro overtaking President Lula in a run-off, according to ING's Chris Turner. USD/BRL is drifting towards 5.05/5.07, with prediction markets still favoring Lula but by a shrinking margin.
Election polls narrowing with challenger overtaking president, impacting BRL