brazilian real forecast 2022

From its 21% year-to-date gain against the dollar to 4.59, from 5.68 on 4 April, the real retreated to 5.50 on 22 July. . Today's range: 0.1925-0.1925. The USD to BRL forecast at the end of the month 5.011, change for April 0.7%. Brazil real forecast: How will the real fare with Octobers elections. Inflation was unchanged at December's 22-month low of 5.8% in January. USD to BRL forecast for March 2024.In the beginning rate at 5.394 Brazilian Reals. The BRL to USD forecast at the end of the month 0.171, change for August -2.8%. The USD to BRL forecast at the end of the month 5.129, change for May 2.4%. Whether you should buy, sell, or hold the USD/BRL currency pair is a personal decision that depends on your trading strategy, risk tolerance and investing goals. The USD to BRL forecast at the end of the month 4.984, change for August -3.0%. As of July 29 2022, $1 USD is equal to roughly 5.17 BRL. High exchange rate 5.311, low 5.081. Brazilian Real Breaking Key Area. USD to BRL forecast for July 2025.In the beginning rate at 5.283 Brazilian Reals. The USD to BRL forecast at the end of the month 5.132, change for February -3.0%. While the 12.7% per annum implied yields on Brazil 3m NDFs are undoubtedly attractive, higher volatility could well see the Brazilian real pressured further. However, after reaching a peak in early April, the real has retreated against the US dollar, which at the same time has reached a 20-year high against a basket of currencies. High exchange rate 0.188, low 0.180. Past profits do not guarantee future profits. BRL rose as high as 5.4 against the US dollar (USD) onMonday 31October, before sliding to 5.18. Today's range: 5.1956-5.1956. GBP to BRL forecast at the end of the month 6.165, the change for March -1.9%. GBP to BRL forecast at the end of the month 6.119, the change for April -0.7%. Date of Membership: January 14, 1946. High exchange rate 5.787, low 5.615. The average for the month 0.189. High exchange rate 0.191, low 0.182. function sh(num) { obj = document.getElementById("more_"+num); if( obj.style.display == "none" ) { obj.style.display = "block"; } else { obj.style.display = "none"; } }Click here to read more. The USD to BRL forecast at the end of the month 5.523, change for April 3.0%. Join the 500.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: High exchange rate 0.200, low 0.192. The USD to BRL forecast at the end of the month 5.394, change for February -3.0%. The average for the month 5.192. The average for the month 0.186. High exchange rate 0.186, low 0.178. Brazilian Real to Dollar forecast for February 2027.In the beginning rate at 0.176 Dollars. The average for the month 0.190. BRL to USD forecast for March 2027.In the beginning rate at 0.175 Dollars. Campaigning will intensify around July when political advertising begins, followed by a first televised debate scheduled for August. High exchange rate 5.432, low 5.228. The average for the month 5.396. However, the real's performance is diverging from an economy that continues to disappoint. Gold Price Forecast 2023, 2024-2026. The BRL to USD forecast at the end of the month 0.187, change for April -1.6%. Investors and analysts are now closely watching for any indication of Lulas future cabinet, while weighing the risk ofBolsonaro questioningthe election results, which could fuel political turmoil in Brazil. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. BRL to USD forecast for May 2026.In the beginning rate at 0.181 Dollars. What is the outlook for the real following the results of the presidential election and Lulas win? The average for the month 0.175. As a result, there has been a rise in equity inflows into these markets to take advantage of this cyclical . The USD to BRL forecast at the end of the month 5.291, change for January -3.0%. The BRL to USD forecast at the end of the month 0.191, change for May 2.7%. About the Euro / Brazilian Real currency rate forecast. The average for the month 5.066. High exchange rate 0.189, low 0.181. Dollar to Real forecast on Thursday, March, 16: exchange rate 5.287 Reals, maximum 5.366, minimum 5.208. Taking those factors and adding in a hefty dose of political risk that stems from the countrys October presidential election into account, there is a recipe for a stronger USD/BRL rate in the near-term, especially if the Fed continues to talk up the US terminal rate. High exchange rate 0.176, low 0.168. High exchange rate 0.202, low 0.196. Dollar to Brazilian Real forecast for August 2026.In the beginning rate at 5.684 Brazilian Reals. The USD to BRL forecast at the end of the month 5.228, change for December -3.0%. The MarketWatch News Department was not involved in the creation of this content. The USD to BRL forecast at the end of the month 5.684, change for July -3.0%. Brazilian Real to Dollar forecast for April 2026.In the beginning rate at 0.186 Dollars. In 2022, annualized GDP growth is projected to be 4.2% globally, 3.7% in the U.S., 4.6% in the Euro area, 4.9% in China and 4.7% in . BRL to USD forecast for March 2025.In the beginning rate at 0.195 Dollars. USD to BRL forecast for November 2023.In the beginning rate at 5.449 Brazilian Reals. A few points to make here. WalletInvestorsUS dollar to Brazil real forecast for 2022 projected the pair could rise to 5.36at the end of the year from 5.17 at the end of Q3, move up to 5.72 by the end of 2023 and breach 6.10 by the end of 2024. Past profits do not guarantee future profits. The average for the month 5.307. USD to BRL forecast for March 2023.In the beginning rate at 5.222 Brazilian Reals. High exchange rate 5.362, low 5.129. The real began a long-term downward trend against the US dollar during the global financial crisis, with the exchange rate soaring from 1.76 at the start of 2008 to over 5.00 at the start of 2020. In January we lowered our US dollar-Brazilian real forecast for the end of March to 5.25. The dollar acts as a safe haven for investors during times of economic and geopolitical uncertainty. The USD to BRL forecast at the end of the month 4.423, change for December -3.0%. Goodluck Ebele Jonathan, former President of the Federal Republic of Nigeria and Chancellor of Cavendish University Uganda (CUU).Theo SCMP, b Yang Huiyan ang l ch . The USD to BRL forecast at the end of the month 5.429, change for July 2.0%. In September, the USD/BRL pair bounced around as currency traders evaluated the dollars strength against high Brazilian interest rates and an approaching presidential election in October. The BRL to USD forecast at the end of the month 0.192, change for February 2.7%. The USD to BRL forecast at the end of the month 5.081, change for September 1.9%. The average for the month 5.352. High exchange rate 0.192, low 0.186. Get the latest United States Dollar to Brazilian Real (USD / BRL) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and . USD TO BRL FORECAST TOMORROW, MONTH. losed Joint Stock Company FinTech Solutions. call +44 20 3097 8888 support@capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Keep in mind that past performance is no guarantee of future returns, and never invest money you cannot afford to lose. Brazil is the largest economy in Latin America and the 9th largest in the world. In 2 weeks USD to BRL forecast on Wednesday, March, 15: exchange rate 5.241 Reals, maximum 5.320, minimum 5.162. High exchange rate 0.201, low 0.195. The average for the month 0.186. The Brazilian real is the subject of this weeks Currency Spotlight. The market expectation is that Lula will be pragmatic and take a more centrist approach given the slim margin of victory Lulas50.9% of votes beat Bolsonaros49.1%. Dollar to Brazilian Real forecast for October 2025.In the beginning rate at 5.081 Brazilian Reals. Historical USD/BRL performance How has USD/BRL performed so far in 2022? Previous day close: 0.1924. The average for the month 0.195. As for the next year, the market predicts that the currency should stand at BRL 5.50. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. The USD to BRL forecast at the end of the month 5.296, change for November -0.8%. The Brazilian currency has been the world's best-performing in 2022, despite a multitude of uncertainty factors. Dollar to Brazilian Real forecast for December 2024.In the beginning rate at 5.296 Brazilian Reals. The USD to BRL forecast at the end of the month 5.561, change for January 3.0%. The USD to BRL forecast at the end of the month 4.978, change for March -3.0%. When consulting forecasts for the US dollar/Brazilian real pair or any other asset, remember that analysts can and do get their predictions wrong. High exchange rate 5.390, low 5.150. Dollar to Brazilian Real forecast for October 2023.In the beginning rate at 5.290 Brazilian Reals. High exchange rate 0.178, low 0.173. The USD/BRL exchange rate fell from 5.6825 at the start of this year to 4.5938 on 4 April as the real climbed in value. The dollar index (DXY00) on Thursday rose by +0.50%. 2010-2023, The Economy Forecast Agency. Brazilian Real to Dollar forecast for October 2024.In the beginning rate at 0.193 Dollars. High exchange rate 0.199, low 0.190. The average for the month 5.388. #amount { width: 190px;} The average for the month 5.226. In the beginning rate at 5.143 Brazilian Reals. However, these conditions are distant and higher rates and rising recession are likely to support the USD over the coming months.. The Brazilian currency notched its best quarter in 13 years in the first three months of 2022, with a 17.5% appreciation. For 2021, the forecast for inflation dropped from 10.02% to 10.01%. Finance questions and answers. equal to. Brazilian Real to Dollar forecast for December 2025.In the beginning rate at 0.186 Dollars. 1 However, external demand for Brazil's goods has held . The BRL to USD forecast at the end of the month 0.170, change for November -3.4%. Dollar to Brazilian Real forecast for December 2025.In the beginning rate at 5.390 Brazilian Reals. And never invest money you cannot afford to lose. The average for the month 0.185. High exchange rate 0.188, low 0.180. High exchange rate 5.644, low 5.399. In this article, we look at the reals performance and some of the latest analysts forecasts. Brazilian Real - 2022 Data - 1992-2021 Historical - 2023. . The average for the month 5.797. What is the USD/BRL forecast for the real against the dollar for the remainder of the year and beyond? Brazilian Real Futures Market News and Commentary. USD to BRL forecast for March 2025.In the beginning rate at 5.132 Brazilian Reals. The average for the month 0.200. Q4 2022 Brazil Industrial Report Brazil's class A logistics market once again registered positive outcomes in the last quarter of the year, with 622,501 sq.m of new inventory. The average for the month 0.191. High exchange rate 0.185, low 0.177. Higher US rates have sent the dollar higher across the board, including against Latam currencies. Fast Facts: Real. High exchange rate 5.157, low 4.984. High exchange rate 5.283, low 5.061. How will the election affect the value of the Brazilian real/US dollar pair? High exchange rate 0.178, low 0.172. U.S. Dollar/Brazilian Real stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. BRL to USD forecast for November 2024.In the beginning rate at 0.187 Dollars. Past performance is no guarantee of future results. High exchange rate 5.943, low 5.684. Brazil Inflation. The USD to BRL forecast at the end of the month 5.703, change for February 0.1%. Dollar to Brazilian Real forecast for February 2025.In the beginning rate at 5.291 Brazilian Reals. The USD to BRL forecast at the end of the month 5.866, change for November 3.0%. Economists at Itau Unibanco revised their 2022 economic growth forecast to -0.5% from 0.5%, adding that they expect Brazil's benchmark interest rate will climb to 11.25% as the central bank . CME listed FX futures offer more precise risk management of BRL/USD exposure through firm pricing, convenient monthly and quarterly futures and weekly, monthly, and quarterly options, and flexibility to trade via a central limit order book, direct with blocks, or . The previous Petroleo Brasileiro S.A. Petrobras - ADR dividend was 2.84c and it went ex 3 months ago and it was paid 1 month ago . The material provided on this website is for information purposes only and should not be understood as an investment advice. The Trading Economics Application Programming Interface (API) provides direct access to our data. "British Pound Sterling / Brazilian Real" exchange rate predictions are updated every 5 minutes with latest Forex (Foreign Exchange) rates by smart technical market analysis. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Analysts have yet to issue a USD/BRL forecast for 2030. The USD to BRL forecast at the end of the month 5.185, change for September 3.0%. In 2020, the inflation rate in Brazil amounted to about 3.21 percent compared to the previous year, a slight increase from the previous year's 3.73 percent, but a large improvement compared to . High exchange rate 5.572, low 5.339. BRL to USD forecast for July 2026.In the beginning rate at 0.171 Dollars. High exchange rate 0.179, low 0.171. There are very close and contentious Presidential elections due early next month and USD/BRL could easily trade back up to 5.45.. What has driven the volatility, and what is the outlook for the foreign exchange (forex; FX) pair for the rest of the year? High exchange rate 5.606, low 5.362. Dollar to Brazilian Real forecast for February 2024.In the beginning rate at 5.561 Brazilian Reals. High exchange rate 0.189, low 0.181. []We think the prospect of a close and potentially disputed election result means that a greater risk premium should be priced into the real., The difference between trading assets and CFDs. High exchange rate 0.192, low 0.183. Show: Historical Prices. High exchange rate 5.352, low 5.128. After a lackluster 2021, the price of gold increases to above $2,000/ounce in anticipation of and, subsequently, in . The average for the month 0.189. Remember that past performance is no guarantee of future returns. However, you should make trading decisions only after performing your own research, and remember that high volatility increases risks of losses. The BRL to USD forecast at the end of the month 0.184, change for July -2.1%. High exchange rate 5.537, low 5.296. High exchange rate 5.948, low 5.689. High exchange rate 5.954, low 5.695. The average for the month 5.473. Exchange rate imbalance between the Brazilian real and the dollar will persist in 2021, say analysts. High exchange rate 0.192, low 0.183. High exchange rate 0.191, low 0.184. The USD to BRL forecast at the end of the month 5.454, change for August 0.5%. The USD to BRL forecast at the end of the month 5.679, change for September -3.0%. USD to BRL forecast for May 2026.In the beginning rate at 5.523 Brazilian Reals. The US dollar is the global reserve currency and is affected by sentiment on the world economy as well as economic activity within the US, including manufacturing and employment rates. Monexs latest USD/BRL forecast, issued on 1 October 2022, put the rate at 5.00in three months, 4.80 in six months, and 5.00 in 12 months. Brazilian Real to Dollar forecast for August 2025.In the beginning rate at 0.195 Dollars. The BRL to USD forecast at the end of the month 0.190, change for March -0.5%. We believe that the fair value of the . The USD to BRL forecast at the end of the month 5.481, change for November 0.6%. The Brazilian real was changing hands around $5.15, a dramatic reversal from an eight-month peak of $4.95 touched on February 2nd, as stronger-than-expected US economic data fanned concerns about an aggressive Federal Reserve, thus spurring demand for the dollar. WalletInvestorsGBP/BRL forecast at the time of writing (31 October) showed the pair trading up from 6.13 at the start of October to 6.25at the end of 2022 and 6.74by the end of 2023. The BRL to USD forecast at the end of the month 0.189, change for September 3.3%. BRL to USD forecast for July 2024.In the beginning rate at 0.197 Dollars. USD to BRL forecast for July 2024.In the beginning rate at 5.086 Brazilian Reals. However, there are certain time slots when forex trading is most busy. USD to BRL forecast for September 2025.In the beginning rate at 4.984 Brazilian Reals. The USD to BRL forecast at the end of the month 5.290, change for September -3.0%. The BRL to USD forecast at the end of the month 0.181, change for April -2.7%. The average for the month 0.199. Nonetheless, todays communique sends a strong signal of resistance to such option, and a preference to maintain the Selic rate at current levels for a prolonged period., Brazil took on a lot of debt through the crisis and the turn in the inflation cycle has largely been down to government intervention in energy prices ahead of the presidential elections. The BRL to USD forecast at the end of the month 0.186, change for April 3.3%. The real was partially floated against the dollar in 1999, when the effect of Russias debt default spread. In a split decision and in line with market expectations and our forecast, the Banco Central do Brasil decided to keep the Selic rate on hold at 13.75% two out of thenine board members decided to vote in favour of a 25bps rate hike. Brazilian Real to Dollar forecast for August 2024.In the beginning rate at 0.198 Dollars. As with other currencies, the value of the real is driven by the countrys economic activity, including gross domestic product (GDP), international trade balance, government policy on spending and monetary policy such as interest rates. Change for today +0.0001, +0.05%. Inverse rate: BRL to USD. Apply. a more aggressive Fed tightening cycle, and lingering fiscal risks), the central bank is allowing some flexibility should local and external inflationary pressures persist and increase, and did not rule out further rate hikes. The results of forecasts of the Euro / Dollar currency pair are presented below in the form of graphs, tables and text information. Analysts at Citi, meanwhile, pointed to Lulas cabinet as potential markers of what was to come, saying: The most important focus for the market will be on Lulas nominations to Minister of Finance and Budget Planning.. Our baseline forecast shows CPI inflation spiking to over 8% in 2022. The average for the month 5.290. The BRL to USD forecast at the end of the month 0.197, change for September -2.0%. The average for the month 0.183. The algorithm-based service had a brazil real forecast for 2025 estimated at 7.73 by the end of that year. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. In the beginning rate at 5.641 Brazilian Reals. The average for the month 5.803. The BRL to USD forecast at the end of the month 0.189, change for January 3.3%. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. And never trade or invest more than you can afford to lose. Jankiel Santos, an analyst at Spanish bank Santander,observed that Brazilian exporters may be finally repatriating resources hoarded abroad between late 2020 and early 2021. The USD to BRL forecast at the end of the month 5.674, change for November 0.6%. High exchange rate 5.561, low 5.313. Quota (SDR): 11042.0 million. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Furthermore, the commodity export-heavy economy experienced a significant weakening in its terms of trade, which were previously a tailwind for the real although the BCB has been ahead of the curve in raising interest rates to fight inflation, the hiking cycle has come to an end.. BRL to USD forecast for November 2025.In the beginning rate at 0.191 Dollars. The USD to BRL forecast at the end of the month 5.556, change for March 3.0%. USD to BRL forecast for December 2022. We recommend you always do your own research and consider the latest market trends and news, technical and fundamental analysis, and expert opinion before making any investment decisions. USD to BRL forecast for March 2027.In the beginning rate at 5.703 Brazilian Reals. Actual BRL to USD exchange rate equal to 0.1925 Dollars per 1 Brazilian Real. The AUD to USD forecast at the end of the month 0.643, change for August 3.0%. Dollar to Brazilian Real forecast for April 2025.In the beginning rate at 4.978 Brazilian Reals. The average for the month 5.792. The average for the month 5.751. Real rallies on commodity price boom and high interest rates. Turner added on 14 September: INGs longer-term USD/BRL forecast indicated that the pair could end the year at 5.70 and move to 6.00 by the end of 2023. The Brazilian Real has been steady against the Dollar. Candidates have yet to declare, yet it seems that President . breaking a line in itself is not a big deal so we need more evidence for follow through. BRL to USD forecast for May 2025.In the beginning rate at 0.200 Dollars. Previous day close: 5.1970. Over the medium term, once political risk dissipates and global economic conditions stabilise, the Brazilian real could re-emerge as the market's sweetheart." Monex's latest USD/BRL forecast, issued on 1 October 2022, put the rate at 5.00 in three months, 4.80 in six months, and 5.00 in 12 months. USD to BRL forecast for January 2026.In the beginning rate at 5.228 Brazilian Reals. A jump in T-note yields Thursday was supportive for the dollar. The Agency shall not be liable for any errors or delays in the information and its publication, or for any actions taken in reliance thereon. GOLD PRICE FORECAST. The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account. Number of Arrangements since membership: 16. Keep in mind that past performance is no guarantee of future returns. Use the training services of our company to understand the risks before you start operations. The average for the month 0.183. The average for the month 4.475. Special Drawing Rights (SDR): 14166.33 million. The projections are based on high international prices and profits in 2021, depreciation of the Brazilian real relative to the U.S. dollar, an expected increase in exports, and the profitability forecast for 2022. There will be no transition problem, even if Bolsonaro reacts badly, most of his allies have already recognized Lulas victory,he told Reuters. For 2022, the IPCA inflation estimate is 5.03%. The real had a volatile Monday morning following Lulas election victory on Sunday 30October the currency traded as high as 5.4 against the USD before dropping to 5.18. The BRL to USD forecast at the end of the month 0.198, change for July 0.5%. 30.Dec.2020 13:44 BRT. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and October each year. BUENOS AIRES, April 7 (Reuters) - Brazil's real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive sentiment that is strikingly at odds with worsening economic conditions in the South American country, a Reuters poll showed. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The average for the month 5.042. February 03, 2022 10:15 am EST. The average for the month 0.173. The average for the month 5.129. The USD to BRL forecast at the end of the month 5.086, change for June -3.0%. The average for the month 5.332. Brazilian Real to Dollar forecast for February 2025.In the beginning rate at 0.189 Dollars. High exchange rate 5.442, low 5.206. The averaged exchange rate 6.145. USD to BRL forecast for January 2027.In the beginning rate at 5.813 Brazilian Reals. The USD to BRL forecast at the end of the month 5.269, change for March 0.9%. Standard users can export data in a easy to use web interface or using an excel add-in. The market expectation is that Lula will be pragmatic and take a more centrist approach given the slim margin of victory Lulas50.9% of votes beat Bolsonaros49.1%. Join the 500.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: The USD to BRL forecast at the end of the month 5.455, change for December 3.0%. This is the Euro (EUR) to Brazilian Real (BRL) exchange rate history data page for the year of 2022, covering 365 days of EUR BRL historical data. The average for the month 0.199. Dollar to Brazilian Real forecast for December 2026.In the beginning rate at 5.866 Brazilian Reals. And never invest money you cannot afford to lose. Dollar to Brazilian Real forecast for June 2023.In the beginning rate at 5.490 Brazilian Reals. Gold since it found support back from 09.28.2022 it has been in a bullish cycle.. ^XAUUSD: (+0.08%) Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The BCBs aggressive rate hikes (SELIC sits at 13.75%) have likely been the reals top support, but weve also seen presidential campaign front runner Lula make some decisions that eased politics related pressures (including choosing a moderate running mate Alkmin)., We expect less favorable international conditions and lingering uncertainties about the future of domestic economic policy from 2023 onwards to limit the room for a substantial and perennial strengthening of the BRL., Taking those factors and adding in a hefty dose of political risk that stems from the countrys October presidential election into account, there is a recipe for a stronger USDBRL rate in the near-term, especially if the Fed continues to talk up the US terminal rate. Concerns about the impact of Covid-19 restrictions in China on manufacturing activity have also weighed on sentiment in recent months. Maximum 6.269, minimum 6.027. High exchange rate 0.204, low 0.195. The Brazil real started off the year as one of the best-performing currencies, driven higher by rising commodity markets, renewed interest from investors pulling funds from Russian assets and a sharp rise in Brazils key interest rate from 2% to 11.75% in just a year. As Brazil is a major commodity producer and exporter, the BRL is also affected by supply and demand trends in global commodity markets. The BRL to USD forecast at the end of the month 0.172, change for December 1.2%. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. Household consumption, private investment and exports will remain the main drivers of growth, although quarterly export growth is projected to slow in 2023. Firstly, the rise in the price of industrial metals, agricultural products and energy has tended to favor net commodity exporters, such as Brazil. We recognise that given current market dynamics (ie,a more aggressive Fed tightening cycleand lingering fiscal risks), the central bank is allowing some flexibility should local and external inflationary pressures persist and increase, and did not rule out further rate hikes. The Brazilian real has weakened after becoming one of the top-performing currencies earlier in the year, as Brazils central bank brings its aggressive series of interest rate hikes to an end. The average for the month 0.189. View the latest USD to BRL exchange rate, news, historical charts, analyst ratings and financial information from WSJ. Currency . The average for the month 0.190. USD to BRL forecast for September 2024.In the beginning rate at 5.034 Brazilian Reals. The real weakened amid concerns over fiscal risks in a higher interest rate environment, commodity prices losing steam, and political uncertainty hurting its performance in the early summer, noted analyst Eduardo Suarezat Canadas Scotiabank. The average for the month 0.198. High exchange rate 5.563, low 5.399. Frequency: Daily. In their September USD/BRL prediction, analysts at UK-based foreign exchange company Monex wrote that in terms of rates, although the BCB has been ahead of the curve in raising interest rates to fight inflation, the hiking cycle has come to an end.They added:The Selic rate now sits at 13.75% and money markets expect them to decline as early as next year as growth conditions deteriorate, fuelled in part by the lagged impact of aggressive monetary tightening.