The Brazilian real stabilized around 5.24 per US dollar on Thursday as higher than expected domestic inflation offset a strengthening greenback fueled by hawkish Federal Reserve bets. Mid-month IPCA-15 data showed a 0.44% rise in March exceeding market forecasts and reinforcing expectations that the Central Bank of Brazil will maintain a restrictive Selic rate to combat persistent price pressures in food and personal expenses. While the 12-month inflation rate eased to 3.90% it remains above the 3.0% target prompting a recalibration of local interest rates. These domestic factors collided with a resurgent US dollar as investors weighed the end of a strike pause and Iran’s rejection of a US peace proposal which kept energy-driven inflation risks at the forefront of global markets. Consequently the real remains under pressure from a broader flight to safety and rising Treasury yields despite the support from a hawkish local rate trajectory.
The USD/BRL exchange rate rose to 5.2411 on March 27, 2026, up 0.03% from the previous session. Over the past month, the Brazilian Real has weakened 1.34%, but it's up by 9.02% over the last 12 months. Historically, the USDBRL reached an all time high of 6.75 in December of 2024. Brazilian Real - data, forecasts, historical chart - was last updated on March 29 of 2026.
The USD/BRL exchange rate rose to 5.2411 on March 27, 2026, up 0.03% from the previous session. Over the past month, the Brazilian Real has weakened 1.34%, but it's up by 9.02% over the last 12 months. The Brazilian Real is expected to trade at 5.25 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 5.05 in 12 months time.