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Tag: Brazil SELIC

RIO DE JANEIRO, Brazil - After raising interest rates for the first time in 6 years at its last meeting, the Central Bank's Monetary Policy Committee (COPOM) is expected to repeat the decision at its 3rd meeting this year,...
RIO DE JANEIRO, BRAZIL - The Brazilian Central Bank (BC) can use up to US$ 120 billion to act on the exchange rate when it deems necessary and still keep international reserves at an adequate level. The calculation is...
RIO DE JANEIRO, BRAZIL - Brazil’s real on Thursday, March 11th, rallied 2% against the dollar, boosted by another round of central bank intervention in the swaps market and inflation data that analysts said sets the seal on an...
RIO DE JANEIRO, BRAZIL - (Bloomberg) Brazil traders have begun to bet the central bank may deliver the most aggressive interest rate hike since 2010 as the sell-off in local assets deepened amid growing concern about the country’s fiscal...
RIO DE JANEIRO, BRAZIL - (Reuters) The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation...

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