He Real Brazilian goes up for the second consecutive day At the start of the week, reaching its highest price against the US dollar since Wednesday, April 30.
He USD/BRL It has begun on Monday testing a daily maximum in 5,6576 and then falling to a minimum of three days in 5,6334.
The pair USD/BRL is currently traded at 5,6371, losing 0.33% in what we have been working on.
Sao Paulo’s inflation indicator is 0.45% monthly in April
- Brazil has published its Sao Paulo’s consumption price indexthe financial capital of the country and the city with more population in America. Inflation rose 0.45% monthly in April, below 0.62% in March, showing its lower growth rate in the last three months.
- Donald Trump said Sunday that at some point he will reduce tariffs on China Because otherwise “you could never do business with them, and they want to do business with great force.” The president of the United States did not rule out that the agreements arrived this week, although he pointed out that he has no plans to speak with his Chinese counterpart, Xi Jinping. These comments drive the Real Brazilian, since China is the main trading partner of Brazil.
- On Wednesday, Brazil will publish its industrial production data of March and the April Balance, but the focus will be in the Decision of interest rates of the Central Bank of Brazilwhich will be announced at 21.00 GMT. The entity is expected to announce a rise in rates of 50 basic points up to 14.75%.
Economic indicator
Interest rate decision
Monetary policy and their changes in interest rates are announced by the Central Bank Do Brazil. If the bank is optimistic in its inflationist expectations of the economy and raise its interest rates it is perceived as positive and upward for the Brazilian real. On the other hand, a pessimistic perspective of the economy or a rate cut is perceived as negative for the currency.
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Next publication:
MIÉ MAY 07, 2025 21:00
Frequency:
Irregular
Dear:
14.75%
Previous:
14.25%
Fountain:
Central Bank of Brazil
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
