💱US Dollar/Brazilian Real FX Spot Rate
USDBRL
▲ PositiveMonetaryrelevance
Rabobank forecasts year-end weakness for BRL against USD, implying USD strength.
Rabobank strategists Mauricio Une and Renan Alves forecast year-end weakness for the Brazilian Real against the US Dollar. The US Dollar ended the previous week at Brazilian Real 5.1086, with the Brazilian Real appreciating 1.2% and ranking third among 24 emerging currencies.
Rabobank forecasts year-end weakness for BRL against USD, implying USD strength.