Brazil Interest Rate Decision
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.
News (BRL)
Brazil Manufacturing Downturn Eases In January
Brazil's factory activity continued to deteriorate at the start of the year, though the pace of decline softened since December amid slower reductions in output and new orders, survey data from S&P Global showed on Wednesday. Elsewhere, official data showed that producer price inflation slowed further in December.
RTTNews | 449 days ago
