💱US Dollar/Brazilian Real FX Spot Rate
USDBRL
▲ PositiveMonetaryrelevance
Rabobank sees weaker BRL outlook due to disinflation and fiscal risks, implying BRL depreciation vs USD.
Rabobank’s Brazil weekly notes that the Brazilian Real recently appreciated to BRL 5.0587 per Dollar, ranking among the top emerging-market performers, but the bank sees a weaker outlook ahead driven by disinflation and fiscal risks.
Rabobank sees weaker BRL outlook due to disinflation and fiscal risks, implying BRL depreciation vs USD.