He Real Brazilian records profits for the third consecutive day this Wednesdayreaching its highest level in 13 days.
He USD/BRL has opened today’s day testing a daily maximum of 5,6818 and then fall to a minimum of two weeks in 5,6648.
The US dollar is quoted when writing in front of the Brazilian Real about 5.6731, losing 0.14% in what we have been working on.
Brazil approves a law to retaliate against tariffs
- He Brazilian Senate yesterday approved a law that allows retaliation measures against countries that impose commercial obstacles to their products. The objective is to be able to defend against the tariffs that the US government of Donald Trump will announce this Wednesday at 20.00 GMT.
- Brazil has published today its monthly inflation fact of Sao Paulo, the most populous city in the country. FiPE consumption price index (CPI) has risen 0.62% in March, above 0.51% in February. This is its highest rate in four months.
- This Wednesday, Brazilian industrial production data has also been published. The indicator has grown 1.5% annually in February, above 1.3% in January, but below the estimated 2.3%. At the monthly level, production has fallen 0.1% since the previous 0%, disappointing the increase of 0.5% planned.
- The Brazilian real operators will be very pending today of the ads on reciprocal tariffs that the US will announce in the White House. The USD/BRL may experience high volatility after Donald Trump’s appearance.
Economic indicator
FiPE IPCA Inflation
The inflation indicator published by Brazilian Institute of Geography and StatisticsCapture price movements. Similar to the CPI, inflation measurement also includes personal computers, new cars and aerial tickets, while excluding housing occupied by its owners and municipal taxes. Generally, an elevated reading is up to the BRL, while a lower reading is bassist.
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Last publication: MIÉ APR 02, 2025 08:00
Frequency: Monthly
Current: 0.62%
Dear: –
Previous: 0.51%
Fountain: Ibge
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.
