The Monetary Policy Committee of the Central Bank of Brazil is responsible for making interest rate decisions in Brazil (COPOM). Currently, the official interest rate is the Special System of Clearance and Custody rate (SELIC), which is the rate for overnight loans.

A higher than expected figure should be seen as positive (bullish) for the BRL while a lower than expected figure should be seen as negative (bearish) for the BRL.

Category:  Interest Rate
Units:  Percent
Details
Impact: Low
Country:
Currency: BRL
Latest Release
Previous: 10.5%
Consensus: 10.75%
Actual: 10.75%
Next Release
Date: Nov 06, 21:30
Time left: 30 days