Brazilian Real Hits 9-Month High as Copom Signals Rate Cuts Ahead – February 4, 2026

2026-02-04 - 09:25

The Brazilian real extended its rally to fresh nine-month highs on Tuesday, trading near 5.26 per US dollar as investors positioned for the start of an interest rate cutting cycle following the central bank’s January policy decision. The currency has gained 8.6% over the past 12 months, outperforming most emerging market peers as Brazil’s restrictive