{"id":564346,"date":"2026-07-28T23:30:09","date_gmt":"2026-07-28T23:30:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/564346\/"},"modified":"2026-07-28T23:30:09","modified_gmt":"2026-07-28T23:30:09","slug":"brazilian-real-brl-seen-weaker-into-year-end-rabobank","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/564346\/","title":{"rendered":"Brazilian Real: BRL seen weaker into year-end \u2013 Rabobank"},"content":{"rendered":"<p>Rabobank\u2019s strategists Mauricio Une and Renan Alves note that tensions between the United States (US) and Iran have eased slightly with a pause in hostilities, but the <a href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">outlook<\/a> for global energy and markets remains highly uncertain. Brent Oil again approached US$100, while the US Dollar (USD) ended last week at Brazilian Real (BRL) 5.0831. Rabobank projects USD\/BRL at 5.35 by year-end, citing narrowing rate differentials and Brazil\u2019s fragile fiscal backdrop.<\/p>\n<p>De-escalation pause but risks linger<\/p>\n<p>&#8220;Following several days of escalation, the weekend was marked by the continued pause in hostilities between the United States and Iran, representing the first tangible sign of de-escalation in nearly two weeks.&#8221;<\/p>\n<p>&#8220;Even so, the environment remains characterized by significant uncertainty.&#8221;<\/p>\n<p>&#8220;The U.S. dollar closed the previous week at BRL 5.0831, implying a 0.56% appreciation of the Brazilian real against the dollar during the week, the seventh-best performance among 24 emerging-market currencies.&#8221;<\/p>\n<p>&#8220;Given expectations of a narrower interest-rate differential between Brazil and advanced economies throughout 2026, together with a potential recovery of the U.S. dollar globally amid Brazil\u2019s fragile fiscal backdrop and an election year, we expect the exchange rate to reach BRL 5.35 per U.S. dollar by year-end.&#8221;<\/p>\n<p>&#8220;Tensions between the United States and Iran remained elevated, sustaining concerns over global energy supply and pushing Brent crude oil prices closer to US$100 per barrel, although prices partially eased toward the end of the week.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <a href=\"https:\/\/www.fxstreet.com\/info\/how-fxstreet-uses-ai?utm_medium=internal&amp;utm_source=ai-disclaimer\" rel=\"nofollow noopener\" target=\"_blank\">Know more.<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"Rabobank\u2019s strategists Mauricio Une and Renan Alves note that tensions between the United States (US) and Iran have&hellip;\n","protected":false},"author":2,"featured_media":564347,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-564346","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/564346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=564346"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/564346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/564347"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=564346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=564346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=564346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}