Brazilian Selic Rate Lifted to 5.25% from 4.25%

August 5, 2021

A fourth central bank interest rate hike this year has been engineered in Brazil, and the increase of a full percentage point exceeded expectations. At 5.25%, the Bank of Brazil’s Selic Rate is now 325 basis points above its level at the beginning of March.

Copyright 2021, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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