Dollar posts biggest weekly drop vs real after first round since 1994

The dollar fell 4.43% against the Brazilian real in the week ending October 9, 2026, the largest weekly depreciation after a first round of presidential elections since the real's adoption in 1994. The move reflects reduced risk premium on Brazilian assets amid rising prospects of Senator Flávio Bolsonaro winning the presidency. The optimism is being weighed by operators, suggesting potential for reversal.