Dollar drops to R$5.32, a 15-month low, as US and Brazil interest rates are watched

infomoney.com.br (Portuguese)

The dollar fell to R$5.32, its lowest point in 15 months, influenced by interest rate expectations in the US and Brazil. The Brazilian currency strengthened as traders awaited interest rate decisions from the Federal Reserve and the Central Bank of Brazil, with the dollar also declining globally. Economic data showing a slowdown in Brazil and revised inflation forecasts contributed to the dollar's decline, while market sentiment favors a US interest rate cut.


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Dollar drops to R$5.32, a 15-month low, as US and Brazil interest rates are watched | News Minimalist