Uma análise do comportamento da taxa de câmbio na economia brasileira durante a pandemia da covid-19

Abstract

This research carries out an analysis of the behavior of the exchange rate in the Brazilian economy during the period of the new coronavirus pandemic. The pandemic and the control measures adopted caused several changes in the countries' economic scenario, directly and indirectly impacting macroeconomic variables, such as the exchange rate in Brazil. Therefore, this research presents the main elements that influenced the accentuation of exchange rate devaluation in the Brazilian economy during the pandemic. This analysis will be based on this period of time, as that was when a more significant devaluation of the exchange rate occurred. This study identified as main results that: the Covid-19 pandemic accentuated the risks and brought instability and uncertainty to the international economic scenario and Brazil was no exception, which in turn generated a considerable loss of strength in the domestic currency in relation to foreign countries, due to capital flight, there was a search for safer economies.