Back

LatinNews Daily - 31 October 2019

In brief: Brazil Selic rate cut to new historic low

* The monetary policy committee (Copom) of Brazil’s central bank (BCB) has cut the country’s benchmark interest rate, the Selic, by 0.5 percentage points to 5%. This is the third consecutive cut to the Selic since July, bringing it down to yet another historical low. Financial analysts expect the Selic to be cut further, to 4.5%, by the end of the year.

End of preview - This article contains approximately 63 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.