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Brazil's Real Gains on Tight Runoff Polls

Summary by The Rio Times
The real firmed to about R$5.05 per US dollar on 19 October as two runoff polls showed a tight race, and economists trimmed their year-end forecast.

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The commercial dollar opened business this Monday in decline, and, on a day of oscillations contained in the global exchange market, the real figure is among the best performing currencies among the 33 most liquid currencies accompanied by the Value. In the last week before the second round of presidential elections, investors keep an eye on polls of voting intent, which retains the advantage of Senator Flávio Bolsonaro (PL-RJ), but with some ap…

·Rio de Janeiro, Brazil
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Index is also pulled by Vale shares, which gives main support during market opening

·São Paulo, Brazil
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Movement accompanies the loss of strength of the US currency against emerging currencies, while market monitors interest in the US, inflation in Brazil and electoral research. The post Dollar falls to R$ 5,0497 with oil retreat and radar elections appeared first in Rural Canal.

Illustrative image Photo: PexelsAmerican currency opened R$ 5,0538, 0.37% fall, in the decisive week of the presidential campaign

The future Ibovespa (INDFUT) started the high peak on Monday (19), but was soon contaminated by the aversion to domestic risk. At around 9h10 (Brazilian time), the INDFUT recorded a decrease of 0.29%, to 210 points. Already the dollar in sight opened R$ 5,0552 (-0.36%), in tune with the movement of the DXY. The [...]

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Metrópoles broke the news on Monday, October 19, 2026.
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