Dollar Spot Rises to R$5.13 on Strong US Payrolls, but Real Gains 1.27% for Week

The US dollar appreciated against the Brazilian real on Friday, driven by stronger-than-expected US employment data, which dampened risk appetite. Despite the daily gain, the real posted a weekly appreciation of 1.27%, supported by a more constructive local political environment. Operators see limited room for further real strength, suggesting the currency may remain range-bound.