EconomyPolitics

Dollar fires 1.58% and closes at R $ 5.65, highest level in 17 months

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 13/11/2026, 00:24:24 UTC.

Briefings

The Brazilian real strengthened against the US dollar, reaching a 17-month high of R$ 5.6507 on November 12, 2026, driven by fiscal policy concerns and US dollar strength. The Ibovespa fell 0.47% amid a 66.5% drop in Banco do Brasil's adjusted net profit, while oil futures rose due to Middle East tensions. Official inflation remained low at 0.14% in October.

Key points

• The Brazilian real closed at R$ 5.6507, the highest level since June 2, 2025, following a 1.58% gain.
• Banco do Brasil reported a 66.5% decrease in adjusted net profit for the third quarter, contributing to the stock market's decline.

Context

This market movement occurred in Brazil amid global economic uncertainty, specifically following the government's announcement of a fiscal package potentially affecting R$ 50-60 billion in 2027. The real's strength was also influenced by US Treasury yields rising and the Federal Reserve signaling potential interest rate increases.

Limitations

Data reflects the market snapshot on November 12, 2026, with limited coverage of the fiscal package's final legislative status and specific outcomes for the 2027 budget impact.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 13/11/2026, 02:30:29 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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