Brazilian real

What to know

• Lula secured a fourth term in a surprise victory Oct 26
• The Bovespa index fell sharply after the results Oct 26
• Spot dollar rose 8.21% to R$5.4027, the biggest single‑day gain since 1999. Oct 26
• Brazilian real appreciated as the commercial dollar fell 0.49% to R$5.048. Oct 26
• Dollar fell 0.9% to R$ 4.9930 on the last trading day before the runoff. Oct 25