Brazil’s Real Steadies Near R$5.38 as Banco Master Risk Tests Confidence

Key Points USD/BRL traded around 5.3848 in early Thursday dealing (07:52 UTC), after Wednesday’s close near R$5.38. The dollar index hovered near 98.737 as markets waited for Friday’s U.S. jobs report; Brent was around $60.29 and U.S. crude near $56.29. Brazil’s 15.00% Selic rate and a projected $70–$90 billion 2026 trade surplus support the real, […]