BRLUSD reaction to rate talks

Watching $BRLUSD today around 0.19324. Been seeing more chatter about potential interest rate hikes from BCB soon given inflation concerns, and it's making me wonder if this dip is just a knee-jerk or if we're seeing the start of a more sustained move. I'm curious if others are seeing similar signals out of other LatAm currencies too, or if this feels more isolated to Brazil's specific economic pressures. Thinking about how this might affect commodity exports if the currency strengthens further.