Central Bank of Brazil Interest Rate Decision

Brazil, BRL
Importance
High
Sector:
Money
Source:
Central Bank of Brazil
2.00%
2.00%
Last release
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Forecast Fcst
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2.00%
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BCB Interest Rate Decision is adopted by the Monetary Policy Committee Copom. After determining the interest rate, the Central Bank purchases and sells federal government bonds on a daily basis, in order to keep the rate close to the target value. The Central Bank's interest rate is chargeable when trading securities issued by the Brazilian National Treasury. A higher than expected value is seen as positive for the Brazilian real quotes.

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