Markets: Brazil
Key Facts
—The rate. The official PTAX rate closed at R$5.1490 per dollar on Tuesday, August 25 — the real’s strongest close in two weeks — after slipping to R$5.2236 on August 14, Central Bank data show.
—Rate cuts. Copom lowered the Selic to 14.00% on August 5, the fourth consecutive cut in a calibration cycle that has removed a full percentage point since March.
—Street view. The Focus survey has held its year-end 2026 dollar forecast at R$5.20 for ten consecutive weeks; the end-2027 median just rose to R$5.30.
