• Jun 04, 2025

Brazil currency seen flat in near-term, restrained by trade worries: Reuters poll

Brazil's real currency is expected to trade relatively steady in coming months, restrained by concerns over a deterioration in the country's external accounts, a Reuters poll showed. In 12 months, the local currency is forecast to change hands near its value on Tuesday of 5.64 per dollar, losing only 1.9% to 5.75, according to the median estimate of 27 foreign exchange analysts polled May 30 to June 3. The latest consensus projection for the end of June at 5.70 per dollar is 4.7% stronger than the 5.97 rate forecast in a January poll, when the currency was still recovering from a bad spell at the end of 2024.