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Brazil: Central Bank Lifts Benchmark Interest Rate To 13.25% Per Year

Eurasia Review Friday, 31 January 2025 ()
By Wellton Maximo

The recent rise in the dollar and uncertainties about inflation and the global economy prompted the Brazilian Central Bank to raise interest rates again. The Monetary Policy Committee (Copom) unanimously increased the Selic (Special Settlement and Custody System) rate, the country's benchmark interest rate,...
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