Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Brazil Real Nears Post-Vote Low as Dovish Minutes Add Pressure
Business & Finance

Brazil Real Nears Post-Vote Low as Dovish Minutes Add Pressure

Bloomberg Markets Tuesday 10 November 2026, 15:19 UTC By Barbara Nascimento 1 min read
Key Points

Brazil Real Nears Post-Vote Low as Dovish Minutes Add The Brazilian real sank on Tuesday, nearing levels seen after Luiz Inácio Lula da Silva’s surprise re-election as traders saw few signs the nation’s central bank is willing to raise interest rates even amid mounting inflation pressures. In minutes of their decision to hold the Selic unchanged, policymakers suggested the impact on prices could be tempered by a sharper slowdown in domestic demand.

Brazil Real Nears Post-Vote Low as Dovish Minutes Add Pressure The Brazilian real sank on Tuesday, nearing levels seen after Luiz Inácio Lula da Silva’s surprise re-election as traders saw few signs the nation’s central bank is willing to raise interest rates even amid mounting inflation pressures. In minutes of their decision to hold the Selic unchanged, policymakers suggested the impact on prices could be tempered by a sharper slowdown in domestic demand. The latest data showed an acceleration in both headline and underlying inflation, while expectations for consumer prices have sharply increased.
Brazil Real Nears Post-Vote Low (ORG) Brazilian (ORG) Luiz Inácio (PERSON) Lula da Silva (PERSON) Selic (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

UK launches investigation into potential Autumn Budget leak

Government launches investigation into potential Autumn Budget leak Market sensitive information which was likely to affect the share price of banks allegedly circulated around newsrooms before it was given to Parliament - Bookmark - CommentsGo to comments Become an Independent member to bookmark this article Already a member? Log in Britain’s Government Security Group (GSG) has launched an investigation into a potential leak of Budget measures, which may have moved financial markets. It...

The Independent UK 20m ago

South Africa Warns of Rising Foot-and-Mouth Cases in Wildlife

South Africa Warns of Rising Foot-and-Mouth Cases in Wildlife South African authorities are raising concerns over new foot-and-mouth disease cases threatening the country’s livestock and game industries, as cattle farmers continue to reel from one of the worst outbreaks in the nation’s history. The epidemic was declared a national disaster earlier this year and it has resulted in export bans and substantial losses for cattle farmers. A country-wide, state-sponsored vaccination drive is...

Bloomberg Markets 20m ago

Fed Might Hike 50 Bps in December, Carlyle's Thomas Says

Nov 10th, 2026 Fed Might Hike 50 Bps in December, Carlyle's Thomas Says Jason Thomas, Carlyle’s head of global research and investment strategy, discusses the hotter-than-expected U.S. consumer price data and the implications for Federal Reserve monetary policy. Speaking on "Bloomberg Open Interest," Thomas also comments on AI investment risks.

Bloomberg Markets 21m ago

Fireworks AI gets burned twice as customer data exposure widens

Fireworks AI has disclosed another cyberattack in October and a wider customer data exposure involving billing records, datasets, and incomplete model weights. The company, which lets customers train and run AI models, said a third-party cloud provider hosting its research and development machines was compromised on October 23. Attackers used that access the following day to reach Fireworks development systems and run an unauthorized workload.

The Register 23m ago