📉 Record devaluation of the real in 2024 💰

The Brazilian real has accumulated a devaluation of 21.52% against the dollar in 2024, marking the worst performance since the pandemic crisis of 2020, when the currency lost 22.40%.

🔍 What is behind the fall?

Fiscal risk: The lack of confidence in the sustainability of Brazilian public accounts.

Capital flight: Foreign investors withdrawing resources in search of safer assets.

Rising US interest rates: Monetary tightening in the US makes the dollar more attractive globally, penalizing emerging currencies.

Risk aversion: The global scenario has favored assets considered "safe havens" such as the dollar and gold.

⚠️ Why does it matter?

The devaluation of the real has a direct impact on Brazilians' pockets:

Increase in import costs and in products such as fuel and food.

Pressure on inflation and higher credit prices.

🔮 What to expect?

As long as external and internal factors do not improve, the trend of aversion to emerging markets may continue to put pressure on the currency.

So, what do you think? Are we facing a crisis similar to 2020? 🤔#Real#Dollar#FinancialMarket#Interest#Inflation#FiscalRisk #Investments