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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a surprising move, the Brazilian Central Bank’s Monetary Policy Committee (COPOM) decided to leave the benchmark interest rate (Selic) unchanged. This is the fourth consecutive time the rate has...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian Central Bank’s Monetary Policy Committee (Copom), have started the new month by reducing Brazil’s basic interest rate, (known as the Selic), for the first time...
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