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Montevideo, August 8th 2022 - 22:10 UTC

 

 

Brazil raises benchmark interest rate to 13,75%, and possibly more to come

Thursday, August 4th 2022 - 10:01 UTC
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Brazil's central bank raised its benchmark interest rate 50 basis points to a record 13,75%, (the highest since January 2017), anticipating that the tightening cycle, may not be over given the stubborn high domestic inflation and “adverse and volatile” global situation. Read full article

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