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MarketsReportedMedium
6.9

Brazil FX inflow hits record post-election week, real strengthens

Brazil's central bank reported a record weekly foreign exchange inflow of US$2.416 billion for Oct 5-9, the largest post-first-round election inflow in the historical series since 2008. This aligns with the real's best post-first-round performance since 1994, contrasting with negative flows in the last four elections. The data suggests strong investor confidence in the election outcome, likely supporting the real and risk assets.

Valor Econômicoabout 13 hours agoBRCredibility 40%View source

Score Breakdown

Mosaic Score6.9
Model confidence0.9
Significance0.5
Source credibility0.4
Source

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