Dollar Today Rises Over 3% to R$ 5.47 Due to Flavio Bolsonaro’s Pre-Candidacy

The spot dollar is trading up about 2% against the real on Friday afternoon (5), with investors reacting to the political news. At the day’s peak, the currency had already reached R$ 5.428. Senator Flavio Bolsonaro (PL-RJ) confirmed on Friday (5) that he will be the candidate chosen by former President Jair Bolsonaro to contest the Palácio do Planalto in the 2026 elections. ‘It is with great responsibility that I confirm the decision of the greatest political and moral leader of Brazil, Jair Messias Bolsonaro, to entrust me with the mission of continuing our nation’s project,’ he said. Investors earlier digested inflation data in the United States. The core PCE index rose 0.2% in September and advanced 2.8% on an annual basis. Economists surveyed by Reuters expected a 0.2% increase in the core index from August and a 2.9% increase year-on-year. The commercial dollar was up 3.08% at R$ 5.473 for sale at 3:29 pm, while the dollar futures contract for January 2026—currently the most traded in Brazil—rose 2.09% on B3, at R$ 5.451.